Jeweler to Plead Guilty in KPMG Insider-Trading Case
A jeweler who gave a former KPMG auditor cash, an expensive watch and more in exchange for inside information about public companies plans to plead guilty to securities fraud.
A jeweler who gave a former KPMG auditor cash, an expensive watch and more in exchange for inside information about public companies plans to plead guilty to securities fraud.
KPMG resigned as the auditor of Herbalife after one of its senior partners engaged in insider trading in Herbalife stock, the nutritional products company said on Tuesday.
U.S. retailers are planning store expansions and increased initiatives to monitor and serve their customers -- with a heavy focus on the Web and social media -- as they work to accelerate their growth in 2011.
Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.
The Supreme Court ruled Monday that part of the 2002 Sarbanes-Oxley Act violates the U.S. Constitution's requirement of separation of powers among the branches of government.



