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Herbalife hires PricewaterhouseCoopers as new accounting firm after previous auditor resigns

LOS ANGELES, Calif. - Herbalife Ltd. says it has hired PricewaterhouseCoopers to be its new auditor. The nutrition company's previous auditor KPMG resigned last month after insider trading allegations against a rogue executive of the accounting firm. The former KPMG partner, Scott London, has been charged with conspiracy to commit securities fraud.

FBI found KPMG auditor via golf buddy, his lawyer says

By Emily Flitter NEW YORK (Reuters) - A former KPMG senior audit partner who quit after admitting to passing on inside information about corporate clients Herbalife Ltd <HLF.N> and Skechers USA Inc <SKX.N> was identified by the golf partner he had been tipping, the auditor's lawyer said.

US STOCKS-Wall Street edges up on data, S&P up for seventh week

* Burger King profit jumps, shares follow * Herbalife shares soar after Icahn discloses ownership * Indexes: Dow, S&P and Nasdaq up 0.1 percent By Rodrigo Campos NEW YORK, Feb 15 (Reuters) - U.S. stocks rose slightly Friday with the S&P 500 gaining for a seventh week in the wake of upbeat consumer sentiment data, though thin trading and the modest rise showed a continuing trend of a consolidating market after strong recent gains.
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