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KPMG

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

Top KPMG Articles

Displaying items 23-33
  • Gregory J. Smith, former Maryland Stadium Authority executive, dies at 48

    Gregory J. Smith, former Maryland Stadium Authority executive, dies at 48
    Gregory J. Smith, a sports consultant and former chief operating officer of the Maryland Stadium Authority, died of cancer Thursday at Gilchrist Hospice Care in Towson. The Lake-Walker resident was 48. Born in Buffalo, N.Y., he was the son of Dennis...
  • Herbalife perseveres amid 'pyramid scheme' accusations

    A year ago, activist investor Bill Ackman rocked Wall Street with a $1-billion bet that shares of Herbalife Ltd., the Los Angeles seller of weight-loss and nutrition products, would slide to zero. Herbalife was a "pyramid scheme," bound to be undone...
  • Bollywood Goes South

    The Mumbai-based Indian majors are heading south along with their Hollywood partners, looking to cash in on the lucrative South Indian film market and expanding their reach beyond Hindi-language Bollywood. In 2012, the Indian film industry was worth $1.8...
  • Three-year prison term recommended for former KPMG auditor

    Three-year prison term recommended for former KPMG auditor
    Former KPMG auditing partner Scott London should spend three years in prison on his insider-trading conviction for selling secret information about the accounting firm's clients to a stock-trading friend, the federal probation office in Los Angeles...
  • Metrolink accounting problems still being unraveled by consultant

    Metrolink accounting problems still being unraveled by consultant
    Officials for the six-county Metrolink commuter railroad continue to grapple with accounting and management problems that surfaced in February -- a situation complicated by the recent departures of two interim chief financial officers. KPMG, a...
  • Federal prosecutors charge ex-KPMG auditor Scott London

    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....
  • Herbalife posts better-than-expected earnings, again

    Herbalife posts better-than-expected earnings, again
    Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance. The company reported earnings of $118.8 million, or $1.10 a share, up from...
  • Friend of ex-partner in KPMG insider-trading scandal identified

    The friend who traded on insider trading tips provided by a former KPMG accountant is Bryan Shaw, his lawyer said late Wednesday. Shaw, an Encino jeweler, used information about Herbalife Ltd. and Skechers USA Inc. to profit in the stock market. He...
  • KPMG partner shown accepting bribe for inside information

    KPMG partner shown accepting bribe for inside information
    One of the most damaging pieces of evidence in the case against former KPMG senior partner Scott London, charged with criminal insider trading, is a photograph that allegedly shows London accepting an envelope stuffed with cash from his friend, a...
  • Former KPMG senior partner to plead guilty to securities fraud

    Former KPMG senior partner to plead guilty to securities fraud
    A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades....
  • Professionals buying into perfect jobs

    Professionals buying into perfect jobs
    Annette Walter was chief operating officer of a fast-growing Baltimore real estate company. Her husband, Shawn, a former construction project manager, had launched a successful career in sales. But in March, the Hunt Valley couple walked away from the...