On March 11th, 2019, a federal court in Manhattan convicted KPMG’s former national managing partner for audit quality, David Middendorf, on conspiracy and wire fraud charges for to his role in the ‘steal the exam’ scandal which involved executives and employees from both KPMG and the Public Company Accounting Oversight Board (PCAOB).1 In January of…
Author: Greg Branson
Confidential Compliance: Herbalife, the FTC, and the Freedom of Information Act
The Herbalife Saga On October 30th, Herbalife Nutrition Ltd., a global nutrition company,1 will release its third quarter financial results for 2018 with the hope that the multi-level marketing company will continue its positive trend of strong market performance.2 Herbalife has beat earnings estimates for three straight quarters, and the company’s stock price has increased…