In both the Harris and Ameriprise mutual fund matters, CRA was retained as an expert witness. Our experts developed a methodology that considered integrated IT, internal accounting and regulatory control, cost accounting, and management systems to demonstrate that the fees met the Gartenberg standards. Our methodology can also help boards of trustees determine the fairness of fees and demonstrate fee rationale in negotiations with mutual fund advisers.
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....