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Posted On: 04/12/2013 2:45:05 AM
Post# of 28539
Posted By: testdemo
Ex-KPMG auditor freed on $150,000 bond in tips-for-cash scheme

Former KPMG senior auditor London and his lawyer Braun leave the Roybal Federal Court Building after London's hearing in downtown Los Angeles By Emily Flitter NEW YORK (Reuters) - As investors Carl Icahn and William Ackman bickered loudly on TV earlier this year about their opposing bets on Herbalife, two other men were discussing the company in a different context: getting non-public information to trade ahead of the stock's next move. Referring to Icahn's announcement that he had purchased a large stake in the nutritional products company, one of the men said: "I wish you would've known that he was going to release that and we could've made some money." The other replied: "Yeah, that would've been nice. ...



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