Highlights
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Herbalife hires PricewaterhouseCoopers as its new auditor
Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. The Los Angeles nutritional products company said Tuesday that PricewaterhouseCoopers would...
Tags: Corporate Crime, Finance, Fraud, Economy, Business and Finance, Accounting and Auditing
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Guilty plea in KPMG insider-trading case
A San Fernando Valley jeweler at the center of an insider-trading scandal pleaded guilty to a conspiracy charge and agreed to turn over $1.27 million in ill-gotten stock gains made from tips from a top auditor at accounting giant KPMG. Bryan Shaw, 52,...
Tags: U.S. Department of Justice, FBI, Accounting and Auditing, Crime, Law and Justice, Judges
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Jeweler pleads guilty in KPMG insider-trading case
A San Fernando Valley jeweler pleaded guilty Monday to a conspiracy charge in an insider-trading case and agreed to turn over $1.27 million in stock-trading gains made from tips allegedly provided by a then partner at accounting giant KPMG. Bryan Shaw,...
Tags: U.S. Department of Justice, FBI, Judges, Crime, Law and Justice, Prosecution
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Jeweler agrees to plead guilty in KPMG insider-trading case
A San Fernando Valley jeweler agreed to plead guilty to a conspiracy charge and return nearly $1.3 million in stock-trading gains he made from allegedly illegal tips provided by a former partner at accounting giant KPMG. Bryan Shaw, 52, of Lake Sherwood...Tags: U.S. Department of Justice, Finance, Accounting and Auditing, FBI, Economy, Business and Finance
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Jeweler agrees to plead guilty in KPMG insider-trading case
A San Fernando Valley jeweler has agreed to plead guilty to conspiracy for allegedly making illegal stock trades based on inside information given to him by a KPMG partner. Bryan Shaw, 52, of Lake Sherwood admitted in a plea agreement that he...
Tags: FBI, Crime, Law and Justice, Judges, Court Preliminary, Herbalife Limited
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The day ahead in business May 3
Reports: Unemployment rate for April, 7:30 a.m.; Factory orders for March, 9 a.m.; ISM services index for April, 9 a.m. Local earnings: CBOE Holdings Inc., Telephone & Data Systems Inc., U.S. Cellular Corp. Other major earnings: Adidas AG, Air...
Tags: Newell Rubbermaid Incorporated, Madison Square Garden, Walgreen Co., Air France-KLM, Adidas AG
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Herbalife says KPMG's resignation hindered stock buybacks
Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...
Tags: Corporate Crime, Finance, Economy, Business and Finance, Fraud, Business Enterprises
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Skechers gets new auditor after insider-trading allegations
Skechers USA Inc. appointed a new auditor Wednesday to replace its former accounting firm, KPMG, which was rocked by an insider trading scandal and resigned earlier this month. The Manhattan Beach shoe maker’s board of directors named BDO USA as...
Tags: Finance, Accounting and Auditing, Economy, Business and Finance, Business Enterprises, Ford Motor Co.
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Ex-KPMG auditor Scott London is charged
Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...
Tags: Finance, FBI, Economy, Business and Finance, Accounting and Auditing, Crime, Law and Justice
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In KPMG insider trading case, crime and blunders alleged
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...Tags: Finance, Accounting and Auditing, Economy, Business and Finance, Crime, Law and Justice, Criminals
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Federal prosecutors charge ex-KPMG auditor Scott London
The U.S. Department of Justice has charged Scott London, the former KPMG auditor who passed non-public information about Herbalife Ltd. and Skechers USA Inc. to a friend, with criminal insider trading. London, 50, is scheduled to be arraigned at 2 p.m....
Tags: U.S. Department of Justice, Accounting and Auditing, Crime, Law and Justice, Criminals, Manhattan (New York City)
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Ex-KPMG partner was sting target
It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal took place over coffee at a Starbucks in the San Fernando Valley, where the accountant at the center of the case was set up by his longtime friend. Scott London...Tags: LinkedIn Corp., Baseball, Finance, FBI, Economy, Business and Finance
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
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