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FBI probes trading as KPMG quits Herbalife, Skechers audits

(Reuters) – In a blow to one of the world’s largest accounting firms, KPMG KPMG.UL said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations...

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From WSJ: Meet KPMG’s Scott London, The “Rogue” Partner

April 9, 2013, 3:41 PM ET Meet KPMG’s Scott London, the ‘Rogue’ Partner By David Benoit The alleged “rogue” partner at KPMG has been identified by WSJ as Scott London, an accountant in Los Angeles....

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A MLM Skeptic: Herbalife-based “Cult” Exposed by Israeli newspaper Haaretz

This comes from the “A MLM Skeptic” blog,  and interestingly enough melds some MLM practices into “cult-like” behaviors.  Many have long as much, and this follows along those lines. Below is an excerpt...

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From BehindMLM: FTC: “Herbalife’s business practices are disturbing”

FTC: “Herbalife’s business practices are disturbing” Jul.17, 2013 in Herbalife One of the common questions we get here at BehindMLM whenever we call out a company that is not under investigation is...

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From the MLM Attorney

by Thompson Burton on August 1, 2013 Herbalife Distributors Continue to Win Despite War on Wall Street This post is for the unsung heroes carrying the Herbalife organization through this difficult...

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From MLMAttorney: Bill Ackman Throws a Hail Mary: warns auditing firm about...

by Kevin Thompson on September 13, 2013 Bill Ackman Throws a Hail Mary: warns auditing firm about liability if they validate Herbalife Please click this link to watch a full video update. Ackman Warns...

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From LA Times: FTC Urged To Investigate MLM

FTC urged to investigate multilevel marketing firms such as Herbalife Herbalife Ltd. of Los Angeles has been fighting allegations it operates a pyramid scheme. (Mark Boster / Los Angeles Times) By...

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New York Post: Canada Opens Probe Into Herbalife

Canadian regulator probing Herbalife By Michelle Celarier January 28, 2014 | 11:54am Canada’s top consumer regulator has launched a formal inquiry into pyramid scheme complaints made against Herbalife,...

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Reuters: Herbalife admits FTC Inquiry

Herbalife says FTC opens inquiry long sought by Ackman By Diane Bartz and Svea Herbst-Bayliss Wed Mar 12, 2014 7:37pm EDT The Herbalife logo is seen on a building housing some of their offices in...

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Herbalife: Stocks Plunge, Ackman Says It is Enron-Like Fraud

From Bloomberg: Herbalife Plunges as Ackman Vows to Unveil Enron-Like Fraud By Duane D. Stanford Jul 22, 2014 3:03 AM CT July 21 (Bloomberg) — Herbalife shares fell the most in three months after...

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