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FBI probes trading as KPMG quits Herbalife, Skechers audits

Started by riky, April 10, 2013, 09:00:20 AM

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riky

FBI probes trading as KPMG quits Herbalife, Skechers audits

<p><a href="http://news.yahoo.com/herbalife-auditor-kpmg-resign-amid-leak-nyt-145828841--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/J685fXrCzjlNuM3G08JzFQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-09T163005Z_2_CBRE93815LP00_RTROPTP_2_HEDGEFUNDS-HERBALIFE-SHORTSQUEEZE.JPG" width="130" height="86" alt="File photograph of traders working at the post that trades Herbalife stock on the floor of the New York Stock Exchange" align="left" title="File photograph of traders working at the post that trades Herbalife stock on the floor of the New York Stock Exchange" border="0" /></a>By Martinne Geller and Emily Flitter (Reuters) - In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations involving leaked information and a former senior partner. The two California-based companies - nutritional products group Herbalife Ltd and footwear maker Skechers USA Inc - said separately on Tuesday that KPMG had quit as their auditor in connection with the leaks. The FBI's Los Angeles office is investigating the matter, according to a source familiar with the situation. ...</p><br clear="all"/>

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