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A collection of news and information related to Herbalife Limited published by this site and its partners.
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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: FBI, KPMG, Skechers USA Incorporated, Lawyers, Court Preliminary
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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: FBI, KPMG, Skechers USA Incorporated, Lawyers, Crime, Law and Justice
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Pay rises for area execs, mostly from awards
Winston-Salem Journal, N.C.Compensation rose, in some instances significantly, for eight of the top 10 compensated executives in the Triad during fiscal year 2012, primarily because of stock and option awards they qualified for last year. In fact, the awards represented the...Tags: Economy, Business and Finance, Newspaper and Magazine, Dwayne Johnson, Health Insurance Cost, Brown University
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ANALYSIS-For investor Loeb, Sony a likely winner even if spinoff fails
ReutersBy Svea Herbst-Bayliss May 14 (Reuters) - Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the...Tags: Marissa Mayer, Delphi Corp, Politics, Sony Corp., Yahoo! Inc.
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Pershing Square's Ackman: Intrinsic value of P&G stock could hit $125 in 2 yrs
ReutersNEW YORK, May 8 (Reuters) - William Ackman, chief executive of hedge fund Pershing Square Capital Management, said on Wednesday that the intrinsic value of consumer goods company Procter & Gamble's stock could reach $125 within two years. Ackman, whose...Tags: MBIA Incorporated, Mutual Funds, Procter & Gamble
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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: FBI, KPMG, Skechers USA Incorporated, Economy, Business and Finance, Lawyers
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Herbalife shares rise above price when Ackman made allegations
Herbalife Ltd. shares gained 4% and traded part of Monday above the price they were when hedge fund manager Bill Ackman first accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price...
Tags: Corporate Crime, Carl Icahn, Mutual Funds, Fraud, Marketing
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Herbalife shares surge past price when Ackman made allegations
Herbalife Ltd. shares were up more than 5% Monday and had passed the price they were when hedge fund manager Bill Ackman accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company’s stock price...Tags: Carl Icahn, Mutual Funds
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Friend of ex-KPMG auditor accused of leaking info pleads guilty
ReutersNEW YORK, May 6 (Reuters) - The California jeweler who gave a former KPMG auditor cash, merchandise and concert tickets in exchange for inside information about public companies pleaded guilty on Monday to one count of conspiracy to commit securities...Tags: Trials, Scott London, Accounting and Auditing
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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, KPMG, Skechers USA Incorporated, Insider Trading, Lawyers
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Herbalife raises estimate of legal costs amid pyramid allegations
Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products...
Tags: Carl Icahn, Sales, Lawyers, Fraud, Crime, Law and Justice
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Herbalife getting personal with Ackman, notes J.C. Penney 'disaster'
Things are starting to get personal in the battle between hedge fund manager Bill Ackman and Herbalife Ltd., the Los Angeles nutritional products company he’s accused of operating a long-running pyramid scheme. Herbalife spokeswoman Barbara...
Tags: Mutual Funds, JC Penney Company Inc., Occidental Petroleum Corp.
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| McClatchy-Tribune
May 14, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 7, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Reuters
May 6, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Los Angeles Times
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