Herbalife Gets A New Auditor: The SEC Passes On PwC's Conflicts

Herbalife, unwitting victim of KPMG partner Scott London?s inside trader scheme, replaced its former auditor yesterday with PwC. KPMG resigned the Herbalife and Skechers audit engagements after regulators told the firm London had betrayed the trust of those two clients and three others he was responsible for by tipping off a buddy who traded on the inside information.