Rogue KPMG Partner Comes Clean About Leaks

Law360, New York (April 10, 2013, 2:54 PM EDT) -- A former top partner of KPMG LLP’s Los Angeles practice on Tuesday admitted he slipped nonpublic information regarding Herbalife Ltd. and other public companies to a third party, saying KPMG had not been aware of his conduct and that the Herbalife information was not related to its ongoing battles with investors.

The leaks took place in telephone conversations with a friend and involved information about Herbalife, Skechers USA Inc. and other companies, said Scott I. London, the former partner in charge of KPMG’s Los Angeles practice....
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