FBI probes trading as KPMG quits Herbalife, Skechers audits
By Martinne Geller and Emily Flitter (Reuters) – In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations involving leaked information and a former senior partner. The two California-based companies – nutritional products group Herbalife Ltd and footwear maker Skechers USA Inc – said separately on Tuesday that KPMG had quit as their auditor in connection with the leaks. The FBI's Los Angeles office is investigating the matter, according to a source familiar with the situation. …