Footwear maker Skechers USA Inc is the second company from which KPMG has resigned as auditor following insider trading in its stock by a senior partner of the accounting firm.
KPMG has stated that it has no reason to believe that the financial statements of Skechers have been materially misstated, Skechers said in a statement.
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KPMG also resigned as auditor of Herbalife Ltd.
(Reporting by Martinne Geller in New York; editing by Andrew Hay)