Hedge Fund News From HedgeCo.Net

Herbalife trading halted after auditor KPMG reveals alleged insider trading

Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday.

Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company disclosed the alleged breach by one of KPMG’s former partners.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply