| Jul 19, 2014
| 8:00 AM
Peter Horton, the television actor who played Gary on "Thirtysomething," stood at the defendant's table in a Santa Monica courtroom and told the judge why he'd skipped his trial for allegedly failing to stop for a school bus boarding children.
| Jul 21, 2014
| 1:26 PM
Herbalife Ltd. shares plunged more than 10% after hedge fund manager Bill Ackman said he has new evidence of illegal activity at the Los Angeles nutritional products company.
Ackman said he will share the evidence at a presentation in New York on...
| Apr 9, 2014
| 3:10 PM
Here's the bad news: A dietary supplement named OxyElite Pro is still apparently making people sick, more than a year after the Hawaii Department of Health was alerted to seven cases of acute hepatitis and liver failure among its users. As of last...
| Jun 19, 2014
| 4:54 PM
Wall Street sharks are not the only ones keeping a close watch on the contentious battle for control of Allergan Inc., the Irvine company that makes Botox. So are thousands of the company's scientists and researchers, many of whose jobs may be at risk....
| Jun 2, 2014
| 2:16 PM
A federal judge sentenced Encino jeweler Bryan Shaw to five months in prison for his role in an insider trading scheme with a KPMG accountant that netted him more than $1.6 million in profits over a two-year period.
Shaw, 53, was sentenced by U.S....
| Jun 2, 2014
| 7:01 PM
A federal judge sentenced Encino jeweler Bryan Shaw to five months in prison Monday for his role in an insider trading scheme with a KPMG accountant that netted him more than $1.6 million in profits over a two-year period.
Shaw, 53, was sentenced by Los...
| Apr 17, 2014
| 2:19 PM
The bad news is piling up for Herbalife Ltd.
Illinois Atty. Gen. Lisa Madigan is investigating complaints that the Los Angeles weight-loss and nutrition company operates a pyramid scheme, Maura Possley, a spokeswoman for the attorney general, said...
| Apr 29, 2014
| 10:18 AM
Herbalife Ltd. shares were up about 2% on news that the company intended to cancel its dividend and use the money on a major repurchase of its shares.
Michael O. Johnson, the company's chief executive and chairman, told analysts in a conference call...
| Apr 24, 2014
| 11:50 AM
A former partner with accounting giant KPMG was sentenced to 14 months in federal prison for giving confidential information about his firm’s clients to a golfing buddy, who used it to make more than $1 million in profits trading stocks.
| Apr 8, 2014
| 11:21 AM
Prosecutors want former KPMG auditing partner Scott London to serve three years in federal prison for giving confidential information about his firm’s clients to a friend, who used the tips to make more than $1 million in illegal stock-trading...
| Apr 21, 2014
| 8:41 PM
Activist investor Bill Ackman is partnering with a Canadian pharmaceutical company in an effort to buy Allergan Inc., the Irvine company that makes the popular wrinkle treatment Botox.
Ackman and Valeant Pharmaceuticals International Inc. have already...
| Apr 29, 2014
| 7:07 PM
The head of Herbalife Ltd. vowed Tuesday that the Los Angeles nutritional products company would emerge unscathed from a Federal Trade Commission investigation stronger than ever.
"I think it's going to clear the air, and I think it's going to be a very...