KPMG

PP Blog Tag archives on references to "KPMG."

BULLETIN: ‘Bags Of Cash And A Rolex’: KPMG Auditor Charged In Alleged Insider-Trading Scheme Involving Herbalife, Others; SEC Says Tips Went To Auditor’s Golfing Buddy In The Jewelry Business

BULLETIN: 'Bags Of Cash And A Rolex': KPMG Auditor Charged In Alleged Insider-Trading Scheme Involving Herbalife, Others; SEC Says Tips Went To Auditor's Golfing Buddy In The Jewelry Business

BULLETIN: (UPDATED 4:44 P.M. EDT U.S.A.) The SEC has gone to federal court in the Central District of California, accusing a former KPMG “lead partner” and auditor of KPMG’s Herbalife account of insider trading by providing nonpublic information on Herbalife and other companies to a golfing buddy. Scott London, 50, of Agoura Hills, Calif., was fired […]

BULLETIN: KPMG Discloses Chicanery In Its ‘Los Angeles Business Unit’; Shares Of Herbalife Temporarily Halted; MLM Firm Says KPMG Told It That KPMG-Employed Auditor Was Engaging In ‘Insider Trading’ Of Herbalife Stock

Shares of MLM company  Herbalife were halted this morning after its auditor — KPMG — issued a statement yesterday that it was informed “late last week” that “the partner in charge of KPMG’s audit practice in our Los Angeles business unit was involved in providing non-public client information to a third party, who then used […]