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Skechers USA Incorporated

A collection of news and information related to Skechers USA Incorporated published by this site and its partners.

Top Skechers USA Incorporated Articles

Displaying items 12-22
  • KPMG auditor was photographed accepting cash bribe over coffee

    It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal happened over coffee at a Starbucks in the San Fernando Valley, when the auditor at the center of the case was set up by his longtime friend. Accountant Scott London...
  • 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...
  • 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...
  • Visit from FBI the end for auditor in KPMG insider-trading scandal

    The sinking feeling that his life was about to capsize hit Scott London when the FBI knocked on the door of his Agoura Hills home one morning a couple of weeks ago. As the ex-KPMG auditor said in an interview with the Los Angeles Times, he was about...
  • 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....
  • Herbalife is rocked by new crisis

    This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....
  • Fired KPMG auditor can't explain 'lapse of judgment'

    Scott London, a Los Angeles partner in one of the nation's largest accounting firms, says it began four years ago. By his account, a friend with money trouble was poking around for information on Herbalife Ltd. and Skechers USA Inc., two Los Angeles-...
  • Ex-KPMG partner was sting target

    It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal took place over coffee at a Starbucks in the San Fernando Valley, where the accountant at the center of the case was set up by his longtime friend. Scott London...
  • Ex-KPMG auditor Scott London is charged

    Ex-KPMG auditor Scott London is charged
    Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...
  • In KPMG insider trading case, crime and blunders alleged

    It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...