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Testing Board TEST
Posted On: 04/12/2013 2:45:05 AM
Post# of 28539
Posted By: testdemo
Analysis: Insider trading probe impact on KPMG expected to be short-lived

Street level sign on the KPMG building in Downtown Los Angeles By Nanette Byrnes (Reuters) - KPMG will suffer some financial and reputational damage from insider trading charges filed against a former senior audit partner, but significant legal liability for the firm was unlikely, said audit industry experts on Thursday. The global accounting giant fired Scott London, a long-time Los Angeles audit partner, after learning he shared privileged information on audit clients with a golf partner, Bryan Shaw. ...



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