Analysis: Insider trading probe impact on KPMG exp
Post# of 28533
Posted On: 04/12/2013 1:30:04 AM
Analysis: Insider trading probe impact on KPMG expected to be short-lived
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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