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Enron's Jeff Skilling doesn't deserve a break
As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...
Tags: Crime, Law and Justice, Conservation, Prosecution, Theft, Justice System
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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: Crime, Law and Justice, Scott London, Prosecution, U.S. Securities and Exchange Commission, Justice System
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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: Crime, Law and Justice, Scott London, Skechers USA Incorporated, Lawyers, Justice System
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Herbalife says KPMG's resignation hindered stock buybacks
Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...
Tags: Corporate Crime, Carl Icahn, Business Enterprises, Economy, Business and Finance, Skechers USA Incorporated
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Herbalife posts record results
Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...
Tags: Carl Icahn, U.S. Securities and Exchange Commission, David Einhorn, Nutrition, Fraud
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Herbalife effort to replace KPMG 'nearing completion,' CFO says
Herbalife Ltd. is making progress in its search for a new accounting firm, executives said during a conference call with analysts Tuesday. The Los Angeles nutritional products company was forced to hire a new accounting firm after KPMG resigned...
Tags: Corporate Crime, Carl Icahn, Business Enterprises, Economy, Business and Finance, Finance
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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...
Tags: Carl Icahn, David Einhorn, Physical Fitness and Exercise, Fraud, Nutrition
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Herbalife investors meet -- briefly
Herbalife would seem to have a lot to talk about with its investors, but you'd never know it from Thursday's annual shareholder meeting in Beverly Hills. It lasted less than 15 minutes. Executives didn't address claims raised by hedge fund manager...
Tags: Corporate Crime, Carl Icahn, Economy, Business and Finance, Companies and Corporations, Mutual Funds
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Details emerge in case against ex-KPMG auditor Scott London
The KPMG insider trading scam was far more profitable than earlier known and went longer than thought. Scott London, the disgraced ex-auditor from KPMG's office in Los Angeles, has been charged in a federal complaint with one count of conspiracy to...
Tags: Crime, Law and Justice, Scott London, Deckers Outdoor Corporation, Justice System, Trials
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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....
Tags: U.S. Department of Justice, Crime, Law and Justice, Scott London, Accounting and Auditing, Skechers USA Incorporated
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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...
Tags: Crime, Law and Justice, Scott London, High School Baseball, U.S. Securities and Exchange Commission, Investment Service
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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...
Tags: U.S. Department of Justice, Crime, Law and Justice, Scott London, Skechers USA Incorporated, Justice System
May 17, 2013
|Column| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Los Angeles Times
May 1, 2013
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Apr 29, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 29, 2013
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Apr 26, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
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