Herbalife Archives

News

Herbalife “Members” Are Tired of Getting Bullied Over Their Herbalifestyle

Adrienne Gonzalez
July 18, 2014

Believers in the Herbalifestyle have sent out a press release demanding an end to the […]

News

Herbalife Making Moves to Become Honey Badger of Investigations

Adrienne Gonzalez
April 17, 2014

Herbalife isn't having a great time but it's fine. No really, it's fine. First, they […]

News

Herbalife is Having the Worst Wednesday Right Now

Adrienne Gonzalez
March 12, 2014

Well no one saw that coming, eh? Herbalife (HLF) announced it received today a Civil […]

Short Sellers, Moms, Son of God, all Credited with Encouraging PwC’s Vigorous Audit of Herbalife

Adrienne Gonzalez
December 18, 2013

For an analyst, it doesn't seem this guy understands how audits work: In the wake […]

Herbalife Director Confident in PwC’s Audit; Others, Not So Much

Caleb Newquist
October 16, 2013

This is fun. Here's what Herbalife Director Jeff Dunn, who's not a member of the […]

The SEC Manages to Get Softer on Big 4 Audit Firms

Caleb Newquist
May 22, 2013

Incredibly, the SEC has done something I didn't think was possible. It has, in its […]

(UPDATE) In Becoming Herbalife’s Auditor, PwC Does a Dicey Independence Dance

Caleb Newquist
May 21, 2013

~ See update below It seems fitting that PwC would replace KPMG as Herbalife's auditor, […]

KPMG

Herbalife’s Surprise Be-Our-New-Audit-Firm Sweepstakes Will Have a Winner Soon

Caleb Newquist
April 30, 2013

Herbalife Ltd. is making progress in its search for a new accounting firm, executives said […]

KPMG

(UPDATE) Complaint Says Scott London Admitted to Tipping Bryan Shaw About Five KPMG Clients

Caleb Newquist
April 11, 2013

~ Update below includes details from the criminal complaint, including Springsteen tickets!

From the Journal:

Mr. London was charged with one count of conspiracy to commit securities fraud through insider trading, according to the criminal complaint. He faces up to five years in prison and a $250,000 fine. The complaint said the trades generated a profit of more than $1 million for his friend, Bryan Shaw. The complaint also says Mr. London tipped off Mr. Shaw about five KPMG clients, more than was previously known.