When a global shipping company and two airlines received a government fine due to alleged price fixing claims, they hired a CRA expert to assess their ability to pay the fines. CRA’s expert prepared a detailed and comprehensive analysis of the company’s historical performance, their projected performance, industry trends, and competitor performance. The expert also performed a statistical analysis of the company’s projected credit rating and analyzed the likelihood that the fine would cause bankruptcy. The analysis of CRA’s expert was presented to the US Department of Justice, and it resulted in reduced fines for each of the clients.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....