KPMG

==== 2013 ====
In April, Scott London, a former KPMG LLP partner in charge of KPMG's US Los Angeles-based Pacific Southwest audit practice, admitted passing on stock tips about clients, including [[Herbalife]], [[Skechers]], and other companies, to his friend Bryan Shaw, a California jewelry-store owner.<ref name=gpkpmg>{{cite news|url=http://www.latimes.com/business/la-fi-insider-sentencing-20140603-story.html|title=Bryan Shaw Sentenced to Prison in KPMG Insider Trading Case|newspaper=Los Angeles Times|first=Riley|last=Snyder|date=2 June 2014|access-date=2 May 2018}}</ref> In return Shaw gave London $70,000 as well as gifts that included a $12,000 Rolex watch and concert tickets.<ref name=wsj9>{{cite news|last=Rapoport|first=Michael|title=Guilty Plea in KPMG Case|url=https://online.wsj.com/news/articles/SB10001424127887323826804578467333522974930|newspaper=The Wall Street Journal|access-date=8 September 2014 |date=6 May 2013}}</ref><ref name=gpkpmg/> On 6 May, Shaw agreed to plead guilty to one count of conspiracy to commit [[securities fraud]]. He also agreed to pay around $1.3 million in restitution, and to cooperate with the government as part of a plea deal with federal prosecutors.<ref name=R9>{{cite news|last=Flitter|first=Emily|title=Friend of ex-KPMG auditor pleads guilty in insider case|url=https://www.reuters.com/article/us-kpmg-idUSBRE9450SR20130506|work=Reuters|access-date=8 September 2014|date=6 May 2013|archive-date=6 October 2014|archive-url=https://web.archive.org/web/20141006194258/http://www.reuters.com/article/2013/05/06/us-kpmg-idUSBRE9450SR20130506|url-status=live}}</ref> This scandal led KPMG to resign as auditor for Herbalife and Skechers.<ref>{{cite news|url=https://online.wsj.com/news/articles/SB10001424127887323550604578411812224197182 |title=Trading Case Embroils KPMG |work=[[The Wall Street Journal]] |date=9 April 2013 |access-date=8 September 2014}}</ref>