Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Herbalife Ltd. (HLF): It Should Sue KPMG

Herbalife Ltd. (NYSE:HLF)Herbalife Ltd. (NYSE:HLF) has had a rough time of things so far this year, and things got even rougher when the multilevel marketer got sucked into an insider trading scandal at KPMG last week. When a KPMG partner was caught selling inside information on two clients he was auditing, Skechers USA Inc (NYSE:SKX) and Herbalife, and subsequently “fired” both clients, Skechers shares skated away unscathed — but Herbalife lost more than $100 million in market cap.

How should Herbalife Ltd. (NYSE:HLF) respond to the situation KPMG has put it in? Click through to the following video, and Fool contributor Rich Smith will lay it out for you.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Skechers and has long January 2014 $50 calls on Herbalife Ltd. (NYSE:HLF).

Loading Comments...