KPMG also resigns as Skechers auditor, company says

April 9 Tue Apr 9, 2013 12:41pm EDT

April 9 (Reuters) - Footwear maker Skechers USA Inc is the second company from which KPMG has resigned as auditor following insider trading in its stock by a senior partner of the accounting firm.

KPMG has stated that it has no reason to believe that the financial statements of Skechers have been materially misstated, Skechers said in a statement.

KPMG also resigned as auditor of Herbalife Ltd.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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