CPA EXPERT WITNESSES

CPA EXPERT WITNESS CASE STUDIES

SEC receiver seeks to recoup false profits from hedge fund investors CPA Expert Case

The Securities and Exchange Commission filed an enforcement action against the operator of a large-scale Ponzi scheme. The hedge fund operator pleaded guilty to a multi-count indictment for securities fraud, wire fraud, mail fraud and other charges. The SE …

Hedge Fund Manager Accused of Fraud in Subprime-Mortgage Market Collapse CPA Expert Case

This case involves a hedge fund manager who managed a hedge fund that had taken highly leveraged positions in collateralized debt obligations based on subprime mortgage-backed securities. The manager worked for a company that was one of the largest broke …

Derivatives Expert Opines on Banking Violations CPA Expert Case

Derivatives Expert Opines on Banking Violations

…  liable for damages. Specifically, the Bank’s accountants (CPA) failed to report on their financial statements multiple derivative’s …

Hedge fund administrator ignores red flags of Ponzi scheme CPA Expert Case

This case involves an alleged Ponzi scheme at a hedge fund in which approximately 30 investors lost between $250,000 and $300,000 each, for total losses of about $10 million. The fund’s investment manager chose to invest in unknown companies, rather than …

Tax attorney blacklisted from industry seeks economic loss valuation CPA Expert Case

This case involves a plaintiff who was hired by a major paper manufacturer as a senior tax attorney back in 2007. Becoming a senior tax attorney requires many years of experience in an industry that is extremely complex, requires a deep understanding of ho …

Companies Negotiate Waiver of Fiduciary Duties CPA Expert Case

Companies Negotiate Waiver of Fiduciary Duties

This case involves two American companies that held a combined majority interest in a California-based mobile telephone company. The two companies sought an outside investor to infuse additional capital into one of the companies. The companies approached  …

Arbitration Required in Purchase Price Adjustment Dispute CPA Expert Case

Arbitration Required in Purchase Price Adjustment Dispute

This case involves a company that purchased an international medical products and services business from a corporation. The company paid $47 million to purchase the business. The price was set according to the terms of a “Purchase Agreement” between th …