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PCAOB Enforcement Activity in 2024 Reached Highest Level Since 2017 as Monetary Penalties Hit New Record for the Third Consecutive Year
Press Release

PCAOB Enforcement Activity in 2024 Reached Highest Level Since 2017 as Monetary Penalties Hit New Record for the Third Consecutive Year

Enforcement was higher under Biden administration than the previous administration.

Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2024 Year in Review
Report

Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2024 Year in Review

PCAOB enforcement activity in 2024 reached highest level since 2017 as monetary penalties hit new record for the third consecutive year.

Pocket MBA 2024: Finance for Lawyers and Other Professionals
Event

Pocket MBA 2024: Finance for Lawyers and Other Professionals

Russell Molter of Cornerstone Research will discuss economic concepts in litigation at this program hosted by the Practising Law Institute.

WWL: Investigations Forensic Accountants 2024
Press Release

WWL: Investigations Forensic Accountants 2024

Elaine Harwood and Carlyn Irwin of Cornerstone Research are again recommended as leading forensic accountants in complex legal investigations.

Elaine Harwood Again Recognized among the Top 50 Women Leaders of Los Angeles
Press Release

Elaine Harwood Again Recognized among the Top 50 Women Leaders of Los Angeles

For the second consecutive year, Women We Admire names Elaine Harwood, a senior vice president at Cornerstone Research, to its annual list of women leaders.

PCAOB Enforcement Activity in 2023 Reached Its Highest Level Since 2017 as Monetary Penalties Nearly Doubled Previous Record
Press Release

PCAOB Enforcement Activity in 2023 Reached its Highest Level Since 2017 as Monetary Penalties Nearly Doubled Previous Record

With an increase of more than 28%, 2023 monetary penalties imposed by the PCAOB nearly doubled compared to the record set in 2022.

Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2023 Year in Review
Report

Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2023 Year in Review

The Public Company Accounting Oversight Board (PCAOB) expanded its enforcement activity to the highest level since 2017.

Accounting Class Action Filings and Settlements—2023 Review and Analysis
Report

Accounting Class Action Filings and Settlements—2023 Review and Analysis

The number of securities class action filings involving accounting allegations increased by nearly 10% in 2023 compared to 2022.

Number of Accounting-Related Securities Class Action Filings Rose in 2023 Despite Increase in Filing Lag to 10-Year High
Press Release

Number of Accounting-Related Securities Class Action Filings Rose in 2023 Despite Increase in Filing Lag to 10-Year High

Securities class action filings involving accounting allegations increased nearly 10% in 2023 compared to 2022.

SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2023
Report

SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2023

The SEC expanded its accounting and auditing enforcement activity in fiscal year 2023, while monetary settlements dropped for the second consecutive year.

Spike in Fourth Quarter SEC Accounting and Auditing Enforcement Activity Results in Notable Increase in FY 2023
Press Release

Spike in Fourth Quarter SEC Accounting and Auditing Enforcement Activity Results in Notable Increase in FY 2023

In contrast, total monetary settlements were just over half of the average total settlements in the past five years.

Omni Logistics LLC v. Forward Air Corporation
Case

Omni Logistics LLC v. Forward Air Corporation

After more than two months of litigation and moments before the commencement of trial, the parties moved forward with this acquisition.

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