The Hertz Corporation et al. v. Frissora et al.
The court granted the defendant’s motion for summary judgment in this matter involving clawback claims related to accounting errors.
2023 WWL: Thought Leaders – Commercial Litigation
Andrew Richmond, a leader in Cornerstone Research’s accounting practice, was recognized among the world’s foremost litigation practitioners.
WWL: Investigations Forensic Accountants 2023
Elaine Harwood and Carlyn Irwin are again recommended as Global Leaders among forensic accountants in the legal investigations space.
Trends in PCAOB, SEC Accounting and Auditing Enforcement Actions
Elaine Harwood discussed accounting and auditing enforcement at the PCAOB and SEC with Thomson Reuters on June 14, 2023.
SEC Accounting and Auditing Enforcement Activity Increased Sharply in FY 2022
Total monetary settlements decreased substantially compared to FY 2021.
SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2022
In fiscal year 2022, the SEC publicly disclosed 68 accounting and auditing enforcement actions, a 55% increase from the prior fiscal year.
Accounting Class Action Filings and Settlements—2022 Review and Analysis
The number of securities class action filings involving accounting allegations increased slightly in 2022 but remained below historical average.
Total Value of Settlements in Accounting-Related Securities Class Actions Rises in 2022
Though filings involving accounting allegations increased slightly in 2022, they remained well below the historical average.
Elaine Harwood Recognized among the Top 50 Women Leaders of Los Angeles for 2023
Women We Admire names Elaine Harwood, a senior vice president and the head of the firm’s accounting practice, to its annual list of Women Leaders in Los Angeles.
Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2022 Year in Review
PCAOB disclosed 29 disciplinary actions involving the performance of an audit and/or a firm’s system of quality control, up 61%.
PCAOB Enforcement Activity Up Sharply in 2022
PCAOB imposes highest monetary penalties in the board’s history in 2022. Nearly half of all PCAOB enforcement actions were disclosed in Q4.
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