SKECHERS (SKX) Announces KPMG Resigned as Auditor

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SEC Says Investigating KPMG Partners for Insider Trading

April 9, 2013 1:12 PM EDT

The SEC said it was investigating KPMG Partners for its role in insider trading.... More

SAC's Cohen Keeps Close Eye on Skechers (SKX) Halt

April 9, 2013 10:46 AM EDT

One person watching the Skechers USA (NYSE: SKX) halt closely is hedge fund giant Steve Cohen. Recently, Cohen's SAC Capital disclosed holding a 5.1 percent, or 2,011,532 share, passive stake in the company. The amount was up from 550,961 shares held for the quarter ended December 31, 2012.... More

Skechers USA (SKX) and Herbalife (HLF) Halts May Be Related

April 9, 2013 10:34 AM EDT

There is speculation that the trading halt in Skechers USA (NYSE: SKX) is related to the hour and a half-long trading halt on Herbalife (NYSE: HLF) which appears to be related to reports KPMG resigned as its... More