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Posted: 4/11/2013 10:01:13 PM EST
Former Senior KPMG auditor Scott London leaves the Los Angeles Federal Court on Thursday, April 11, 2013. Federal prosecutors and the Securities and Exchange Commission on Thursday filed criminal and civil charges against London, 50, of Agoura Hills, Calif., for conspiracy to commit securities fraud through insider trading. The criminal complaint alleges that London provided confidential information about KPMG clients Herbalife Ltd., Skechers USA Inc., Deckers Outdoor Corp., RSC Holdings and Pacific Capital to Bryan Shaw, a close friend, from late 2010 until last month. (AP Photo/Damian Dovarganes)
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Posted: 4/11/2013 10:01:13 PM EST
Scott London, former KPMG auditor, left, and his attorney, Harland Braun leave Los Angeles Federal Court on Thursday, April 11, 2013. Federal prosecutors and the Securities and Exchange Commission on Thursday filed criminal and civil charges against fired KPMG partner Scott London for conspiracy to commit securities fraud through insider trading. The criminal complaint alleges that London, 50, of Agoura Hills, Calif., provided confidential information about KPMG clients Herbalife Ltd., Skechers USA Inc., Deckers Outdoor Corp., RSC Holdings and Pacific Capital to Bryan Shaw, a close friend, from late 2010 until last month. Prosecutors allege that Shaw made more than $1.2 million in illicit profits by trading in advance of company announcements on earnings results or mergers. (AP Photo/Damian Dovarganes)
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Posted: 4/11/2013 10:01:13 PM EST
In this undated FBI photo provided by the U.S. attorney's office, KPMG partner Scott London, left, allegedly accepts a $5,000 cash bribe from Bryan Shaw earlier this year. Federal prosecutors have charged London with providing Shaw inside information on two California companies, Herbalife Ltd. and Skechers USA Inc. Shaw's face was obscured by the source of the photo. (AP Photo/U.S Attorney's Office)
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Posted: 4/11/2013 10:01:13 PM EST
Former Senior KPMG auditor Scott London arrives at Los Angeles Federal Court on Thursday, April 11, 2013. Federal prosecutors and the Securities and Exchange Commission on Thursday filed criminal and civil charges against London, 50, of Agoura Hills, Calif., for conspiracy to commit securities fraud through insider trading. The criminal complaint alleges that London provided confidential information about KPMG clients Herbalife Ltd., Skechers USA Inc., Deckers Outdoor Corp., RSC Holdings and Pacific Capital to Bryan Shaw, a close friend, from late 2010 until last month. (AP Photo/Damian Dovarganes)
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Posted: 4/9/2013 4:08:30 PM EST
In this Thursday, Feb. 28 2013, photo, a pair of specialists confer at the post that handles Herbalife on the floor of the New York Stock Exchange. Accounting firm KPMG has resigned as the auditor for Herbalife, a dietary supplements maker, and the shoe retailer Skechers after a rogue partner allegedly leaked information about the companies to someone who used it for insider trading. (AP Photo/Richard Drew, FIle)
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Posted: 5/16/2012 4:20:48 PM EST
This undated handout image provided by the Federal Trade Commission (FTC) shows and advertisement for Skechers fitness shoes. Skechers USA will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims that its Shape-ups shoes would help people lose weight and strengthen their rear-end, leg and stomach muscles. The settlement also involves the company's Resistance Runner, Toners, and Tone-ups shoes. The agency says Skechers made deceptive claims about those shoes, too. (AP Photo/FTC)
