A FORMER KPMG AUDIT PARTNER has been handed a 14-month jail term for insider trading by a federal judge in Los Angeles, Reuters reports.
Scott London leaked information relating to the audits of LA Galaxy sponsor and nutritionist Herbalife, and shoe-maker Skechers.
The Big Four firm was forced to drop its audits with both businesses amid an FBI investigation into the allegations.
London, who had been with the firm for 30 years, exchanged cash and jewellery with a golfing buddy, Bryan Shaw, for the information he obtained in his role as auditor.
Last year Shaw allowed FBI agents to record calls with London by wearing a recording device as part of a plea bargain, while London later admitted wrongdoing.
In addition to his sentence, judge George Wu also ordered London to pay a $100,000 fine.
Richard Oddy, Casper Kaars Sijpesteijn and Rory Goldthorpe have been appointed to senior roles in key sectors of high growth, with a further 17 junior and experienced hires
Adrian Hyde, a partner at CVR Global, has been appointed as the new president for a year-long term, effective 21 April this year
Richard White, Nicola Westbrooke and Richard Ross all join from KPMG, where they oversaw the real estate tax practice
Sheryl Davis joins the firm's High Wycombe office from Barnes Roffe