CRA’s Forensic Services Practice was retained by Latham & Watkins to assist a private equity firm recover its losses after investing in a new portfolio company, and later discovering that the financial statements relied upon in due diligence were materially false. The team, led by Kristofer Swanson, with assistance from Jordan Kraner, preserved and analyzed accounting records and digital evidence, conducted witness interviews, and prepared claims against sellers and OldCo management, as well as an insurance claim under a representations and warranties policy. The client obtained full recovery of the policy coverage.
Are big ransom payments a smart response to the global menace of ransomware?
Many companies find it helpful to assess the associated risks through multiple lenses, including: “Business Risk” lens Reputation: payments can strengthen the...