FBI probes alleged insider trading by former KPMG partner: source

RetailReuters

The Los Angeles office of the Federal Bureau of Investigation is investigating alleged insider trading involving a former senior partner at audit firm KPMG, according to a source familiar with the situation.

California-based companies Herbalife Ltd and Skechers USA Inc both said KPMG has resigned as their audit firm in connection with an alleged leak of information regarding nonpublic information.

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(Reporting by Emily Flitter in New York; Editing by Gerald E. McCormick)