Herbalife hires PwC as new auditor, shares up
(Reuters) - Herbalife Ltd <HLF.N> said on Tuesday it has engaged PricewaterhouseCoopers LLP <PWC.UL> as its auditor, replacing KPMG in the wake of alleged insider trading. Full story
Herbalife says results will prove Ackman wrong
(Reuters) - Herbalife Ltd posted surprisingly strong quarterly earnings and raised its full-year profit forecast on Monday, putting pressure on high-profile investor Bill Ackman, who is betting against the nutritional products company. Full story
Herbalife posts higher profit, raises 2013 forecast
(Reuters) - Nutritional products company Herbalife Ltd on Monday reported higher quarterly net earnings and raised its full-year profit forecast, fueled by strong demand around the world. Full story
Herbalife names 2 Icahn directors to company board
Herbalife, maker of nutritional and weight loss supplements, said Thursday that two representatives of billionaire investor Carl Icahn will join its board of directors. Full story
Skechers gives 1Q outlook, hires new auditor
Casual shoe maker Skechers Inc. on Wednesday gave guidance for its first quarter said it hired a new auditing firm. Full story
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Inside the KPMG Trading Case
Bryan Shaw allegedly netted nearly half a million dollars trading Herbalife on inside information from his golfing buddy, Scott London, reports CNBC's Jane Wells. But is equal justice being applied in the case? Paul Pfingst, former federal prosecutor a...
D.A. Davidson Re-establishes Buy on Herbalife
D.A. Davidson's Tim Ramey downgraded Herbalife after the KPMG scandal broke, but explains why he has now re-established his buy rating on the stock.
Feds Investigating KPMG Insider Trading Claims
A top auditor for Herbalife and Skechers is under investigation for leaking non-public client information to a third party, reports CNBC's Kayla Tausche. CNBC's Herb Greenberg and Harvey Pitt, Former SEC Chairman, discuss.
Scott London Was Herbalife Auditor: Source
According to a source, ousted KPMG partner Scott London was the auditor for Herbalife, reports CNBC's Kayla Tausche.
KPMG Insider Trading
KPMG first learned last Friday that a senior partner in the firm's audit practice had leaked confidential information to a third party concerning Herbalife and Skechers, reports CNBC's Kayla Tausche. CNBC's Herb Greenberg, provides perspective.
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Related Photos
A Herbalife logo is shown on a poster at a clinic in the Mission District in San Francisco
A Herbalife logo is shown on a poster at a clinic in the Mission District in San Francisco, California April 29, 2013. Herbalife Ltd posted surprisingly strong quarterly earnings and raised its full-year profit forecast on Monday, putting pressure on high-profile investor Bill Ackman, who is betting
A Herbalife product is seen at a clinic in the Mission District in San Francisco
A Herbalife product is seen at a clinic in the Mission District in San Francisco, California April 29, 2013. Herbalife Ltd posted surprisingly strong quarterly earnings and raised its full-year profit forecast on Monday, putting pressure on high-profile investor Bill Ackman, who is betting against t
An Herbalife product is seen at a clinic in the Mission District in San Francisco
An Herbalife product is seen at a clinic in the Mission District in San Francisco, California April 29, 2013. Herbalife Ltd posted surprisingly strong quarterly earnings and raised its full-year profit forecast on Monday, putting pressure on high-profile investor Bill Ackman, who is betting against
The Herbalife logo is seen on a building housing some of their offices in downtown Los Angeles, California
The Herbalife logo is seen on a building housing some of their offices in downtown Los Angeles, California April 28, 2013. REUTERS/Lucy Nicholson
