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Insider Trading

A collection of news and information related to Insider Trading published by this site and its partners.

Top Insider Trading Articles

Displaying items 111-121
  • Herbalife says KPMG 'concluded it was not independent' as auditor

    Herbalife says KPMG 'concluded it was not independent' as auditor
    KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme. "KPMG stated it had concluded it was not independent because of alleged insider trading in...
  • Skechers shares resume trading amid KPMG insider trading probe

    Skechers shares resume trading amid KPMG insider trading probe
    Trading in shares of Skechers USA Inc. has resumed after being halted earlier Tuesday morning following KPMG’s resignation as the footwear company’s auditor. KPMG, which fired a senior partner in its Los Angeles office amid allegations of...
  • Fired KPMG auditor of Herbalife and Skechers is identified

    Fired KPMG auditor of Herbalife and Skechers is identified
    Several sources have identified an audit manager of accounting giant KPMG’s Los Angeles office as the executive at the center of an insider-trading investigation that involved shares of Herbalife Ltd. and Skechers USA Inc. Scott London, partner-...
  • Skechers exec on KPMG firing its auditor: 'It's unbelievable'

    Skechers exec on KPMG firing its auditor: 'It's unbelievable'
    David Weinberg, the finance and operating chief of footwear company Skechers, said the insider trading allegations directed at former KPMG auditor Scott London are “unbelievable.” Skechers, based in Manhattan Beach, along with Los Angeles...
  • Financial statements sound, Herbalife says amid insider-trading probe

    Financial statements sound, Herbalife says amid insider-trading probe
    Herbalife maintained that its financial statements are sound and reliable amid news that its auditor is in the middle of an insider-trading investigation. Scott London, 50, a senior partner with KPMG, was ousted by his company after it learned the...
  • 'What I have done was wrong,' says auditor accused of insider trading

    'What I have done was wrong,' says auditor accused of insider trading
    Scott London, the KPMG auditor accused of insider trading, said he was caught up in a federal investigation after he leaked clients’ information “in an effort to help out someone whose business was struggling.” London told The Times...
  • Wall Street Roundup: The jobs headline. An insider's sad end.

     
    Gold: Trading now at $1,546 per ounce, up 0.9% from Thursday. Dow Jones industrial average: Trading now at 12,170.30, down 0.6% from Thursday. The jobs headline. Friday morning's monthly job report provided some disappointing numbers, sending stocks...
  • Consumer Confidential: Confidence slips, Sonic's low price, Martha gets a comic

     
    Here's your flash-in-the-pan Friday roundup of consumer news from around the Web: --Feeling gloomy? You're not alone. Consumer confidence dropped more than forecast in June as households coped with higher prices and slowing job growth. Though gasoline...
  • Wall Street Roundup: Firing bankers. McKinsey speaks.

     
    Gold: Trading now at $1,556 per ounce, up 0.9% from Friday. Dow Jones industrial average: Trading now at 12531.80, down 1.0% from Friday. New Europe concerns. Stock markets are being sent down over concerns about yet another European economy --......
  • Wall Street Roundup: Bernanke boost, Madoff checks coming

     
    Gold: Trading now at $1,587 per ounce, up 1.6% from Tuesday. Dow Jones industrial average: Trading now at 12,606.61, up 1.3% from Tuesday. Good morning. Comments from Ben Bernanke and data from China have penetrated the investor malaise of the......
  • Former Angels baseball player Doug DeCinces accused of insider trading, pays $2.5-million fine

     
    Former Angels baseball player Doug DeCinces has agreed to pay $2.5 million in penalties and interest to settle allegations that he used inside information to make more than $1.2 million in profits trading the stock of Santa Ana-based Advanced Medical........