Allegations of Accounting Firm Liability
The arbitration panel found in favor of the audit firm on all counts in this auditor liability case.
Auditor Independence: Individual Auditor
Our expert’s analysis showed that the audit partner did not impair his independence as a result of the non-audit services provided to the audit client.
Morgan et al. v. U.S. Soccer Federation Inc.
The judge ruled in favor of the defendant’s motion for summary judgment on all equal pay claims in this Title VII case.
Financial Reporting Investigation Following SEC Inquiry
Cornerstone Research was retained by counsel for an investigation into an entity’s financial statement close and reporting process in response to issues raised by the SEC.
Revenue and Financial Reporting Internal Investigation
Cornerstone Research analyzed accounting and business records for a healthcare-related company.
Firefighters’ Retirement System et al. v. Citco Group et al.
The defendants prevailed on summary judgment on all counts in this case concerning a hedge fund’s failure.
Cost Accounting and Damages Analysis in a Trade Secrets Matter
A Cornerstone Research expert analyzed the opposing expert’s estimates of lost profits and avoided costs allegedly due to the theft of trade secrets.
Purchase Price Adjustment Dispute
Professor John Owens testified in an arbitration hearing involving a purchase price adjustment dispute.
Regulatory Matter Involving Alleged Failure of an Auditor to Detect Fraud
The regulator ended its investigation without filing charges in an investigation involving a foreign affiliate of a large audit firm.
In the Matter of Otto Bock HealthCare North America Inc.
The FTC ordered Otto Bock to divest from the acquired prosthetic manufacturing company with limited exceptions.
Advertising Targeting a Medical Services Provider
Counsel for a large medical services provider retained Cornerstone Research and an accounting professor to analyze the economic impact of the challenged advertising campaigns.
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