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Herbalife hires PricewaterhouseCoopers as its new auditor
Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. The Los Angeles nutritional products company said Tuesday that PricewaterhouseCoopers would...
Tags: Skechers USA Incorporated, PricewaterhouseCoopers, KPMG, Economy, Business and Finance, Fraud
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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: Trials, Justice System, Jewelry and Watches, Prosecution, Jewelry
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PRESS DIGEST-New York Times business news - May 21
ReutersMay 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Yahoo's $1.1 billion proposed acquisition of Tumblr is a huge coup for the young...Tags: The New York Times, Hulu, Japan, Social Media, SAC Capital Advisors
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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: Justice System, Prosecution, Crime, Law and Justice, Scott London, U.S. Department of Justice
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SAC Capital's Cohen gets subpoena to testify: NY Times
Reuters(Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the case....Tags: The New York Times, Justice System, Blackstone Group, L.P., Prosecution, Mutual Funds
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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: Trials, Justice System, Prosecution, Criminals, Crime, Law and Justice
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SAC CAPITAL TELLS INVESTORS IT WILL LIKELY NOT
ReutersSAC CAPITAL TELLS INVESTORS IT WILL LIKELY NOT GIVE DETAILED UPDATES ON INSIDER TRADING PROBE-LETTER -
SAC SAYS COOPERATION WITH U.S. GOVERNMENT IN
ReutersSAC SAYS COOPERATION WITH U.S. GOVERNMENT IN INSIDER TRADING PROBE 'NO LONGER UNCONDITIONAL'-LETTER -
SAC Capital won't fully cooperate with government: letter
ReutersNEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge...Tags: Blackstone Group, L.P., Prosecution, Mathew Martoma, Wyeth, SAC Capital Advisors
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The Harbor Report: Digging Doug's work on the harbor
As I work my way around the harbor each week, I always look for people I would like to emulate. One such person is Doug West, and I have said this before about Doug and his efforts as chairman of the Newport Beach Harbor Commission. He wants to help and...
Tags: Old Saybrook, Ford Motor Co., Peace Corps, Michigan State University, Washington, DC
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SEC says new settlements end 'Golden Goose' insider trading case
Reuters* Jamil Bouchareb, Daniel Corbin settle civil cases * Tips said to be misappropriated from PR firm executive May 15 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday said it has reached settlements with the last two defendants in an...Tags: Trials, Lehman Brothers Holdings Inc., Take-Two Interactive Software Inc., Punishment, Anheuser-Busch InBev
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PRESS DIGEST-New York Times business news - May 14
ReutersMay 14 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * A survey by the Pew Research Center suggests the European Union may struggle to...Tags: The New York Times, Manhattan (New York City), Elena Kagan
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| Reuters
May 17, 2013
|Column| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| Daily Pilot
May 15, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
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