FINANCIAL EXPERT WITNESS CASE STUDIES

Company Accountants Distort Financial Statements FINANCIAL Expert Case

Company Accountants Distort Financial Statements

…  software to organize and facilitate creation of all financial statements. Once financial statements were finalized, they were uploaded into the …  and equipment. It is claimed that the defendants distorted financial reports, took the plaintiff’s funds for their own purposes, and as a …

Company Fails Due to Defective Product FINANCIAL Expert Case

Company Fails Due to Defective Product

This case takes place in Pennsylvania and involves the forensic valuation of a start-up company. The plaintiffs are the owners of a start-up company that had designed a range of fantasy themed entertainment products, which were intended for use by young …

Financial Advisor Allegedly Violates FINRA Rules FINANCIAL Expert Case

Financial Advisor Allegedly Violates FINRA Rules

…  York and involves an individual who bought a variety of financial products through through the defendant. They never bought or …

Corporate Governance Expert Witness Examines Allegedly Lax FCPA Oversight FINANCIAL Expert Case

In this case, a corporate governance expert witness was asked to opine on a shareholder derivative action on behalf of a nominal party, an oil and gas company, filed against its board of directors. The action alleges the board failed to install and maintai …

Hedge fund administrator ignores red flags of Ponzi scheme FINANCIAL 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 …

Companies Negotiate Waiver of Fiduciary Duties FINANCIAL Expert Case

Companies Negotiate Waiver of Fiduciary Duties

…  a lawsuit, claiming that they had been given inaccurate financial information about the spin-off company that fraudulently induced them …

Telecommunications Company Undergoes Audit of Its Financial Statements FINANCIAL Expert Case

This case involves a publicly traded telecommunications company. The company went public when it acquired a publicly traded long distance telecom services company. Throughout the 2000s, the company continued to grow by acquiring various companies and expan …

Bank Owes Fiduciary Duty to Third-Party Investor FINANCIAL Expert Case

Bank Owes Fiduciary Duty to Third-Party Investor

…  the principle activity of the partnership was to provide financial support to ventures involving the acquisition of companies. The …  investment enterprise. The local bank was to serve as a financial consultant in the investment enterprise. The local bank decided to …