Pursuits
Ex-KPMG Partner London Charged With Trading Tips for Cash
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Ex-KPMG LLP partner Scott London, who led the firm’s audit practice in Los Angeles, was charged with passing inside tips about Herbalife Ltd. and Skechers USA Inc. in exchange for cash, jewelry and concert tickets.
London’s tips included discussions of rumors that Herbalife would go private, according to a criminal complaint filed today in federal court in Los Angeles. London told his friend, Bryan Shaw, about the rumor in a recorded phone call, according to the complaint.