Facilitating successful public listing and billion-dollar monetization despite minority shareholder demands

forensic accounting

CRA’s Forensic Services experts were engaged by a company that was seeking to go public, but which first needed assistance in resolving litigation brought by a minority investor. The investor had alleged governance and fiduciary failings as a pretext to demand unreasonable special financial benefits. Our team gathered and analyzed open-source intelligence and human intelligence to identify questionable historical business and litigation practices of the minority investor, including the payment of $160,000 in cash to a convicted criminal for “consulting” services. We prepared content-rich due diligence reports, which were key to helping counsel prepare for a deposition of the minority shareholder and obtain a ruling that denied the injunctive relief he sought. This successfully allowed our ultimate client to go public, achieve liquidity, and monetize billions of dollars of value.

Meet our team