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Herbalife shares halted - KPMG resigning as auditor
Posted on 4/9/13 at 9:12 am
Posted on 4/9/13 at 9:12 am
quote:
Herbalife is poised to disclose on Tuesday that KPMG will have to resign as the company’s auditor, following the accounting firm’s firing of a senior partner, according to a person briefed on the matter.
LINK
3
Posted on 4/11/13 at 2:00 pm to slackster
quote:
The Los Angeles U.S. attorney’s office and the Securities Exchange Commission have filed criminal and civil insider trading charges against a former KPMG partner and his close friend.
Fifty-year-old Scott London of Agoura Hills, Calif., was charged Thursday with one count of conspiracy to commit securities fraud in the criminal complaint.
Prosecutors allege that London provided confidential information about KMPG clients to Bryan Shaw over a period of several years.
They say Shaw used the information to make illegal trades worth more than $1 million.
Doesn't really seem worth it to me.
Posted on 4/11/13 at 2:29 pm to kennypowers816
quote:
kennypowers816
Can you link the site that you quoted that? Or is that the whole article? I want to read more on this if there is more info out there
Posted on 4/11/13 at 5:35 pm to slackster
Not surprising coming from HLF
Posted on 4/11/13 at 6:15 pm to slackster
Who was the hedge fund guy who has been shorting the shite out.if them
Posted on 4/11/13 at 6:23 pm to Hurricane Mike
quote:
Not surprising coming from HLF
There's no wrong doing on their part. Only the Business Unit Partner In-Charge for KPMG and his tippee were involved in any wrong doing.
Posted on 4/11/13 at 9:15 pm to I Love Bama
quote:
Who was the hedge fund guy who has been shorting the shite out.if them
Ackman is shorting, Icahn is long.
Posted on 4/11/13 at 10:37 pm to Tmacelroy12
That was the whole article. Sorry
Posted on 4/12/13 at 1:55 am to kennypowers816
This whole this is a cluster. London is a scoundrel - the official FBI report is soooooo incriminating.
Posted on 4/12/13 at 11:31 am to lynxcat
At EY, we just received a firm-wide email about Insider Trading.
I wonder what this is stemming from
I wonder what this is stemming from
Posted on 4/12/13 at 12:38 pm to Tmacelroy12
Just saw that posted on GC
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