Via the New York Times, ex-KPMG Partner Scott London (right) leaves court with his attorney, Harland Braun yesterday in Los Angeles.
A certain report about General Electric caused quite the uproar yesterday. GE falls the most in 11 years after Madoff whistleblower calls it a ‘bigger fraud than Enron’ [CNBC] Boy, did Harry Markopolos send shares of GE into a tizzy on Aug. 15: Markopolos targeted the conglomerate in a new report, accusing it of issuing […]
The last man standing in the KPMG insider trading case (the one not involving Scott London) has finally fallen. From the SEC: Today [Aug. 14], jurors in Atlanta federal court returned a verdict finding New Jersey securities broker Raymond J. Pirrello, Jr. liable for insider trading in advance of three merger and acquisition transactions. Pirrello […]