Internal Fact-Finding Investigations

Team members in the Securities Practice Group collectively have spent more than two decades conducting SEC and company internal investigations into allegations of, among others things: broker-dealer and investment adviser misconduct, financial and accounting irregularities, disclosure violations, auditor and director independence, corporate governance failures, breaches of fiduciary duty, conflicts of interest, insider trading, market manipulation, and improper activity with respect to municipal securities. 

Representative Assignment

• In connection with SEC and other government investigations, Promontory was retained by outside counsel to conduct an independent, fact-finding investigation into whether a public company used or sold certain structured finance products that improperly affected the timing or amount of revenue recognized, or expenses incurred, on its or counterparties’ financial statements.  Promontory’s team conducted a comprehensive analysis of dozens of complex structured finance transactions.  Our review required searching and reviewing millions of pages of documents and conducting extensive interviews of dozens of current and former company employees.  At the request of the company and its counsel, Promontory dealt directly with staffs from the SEC and U.S. Attorney’s office to report on the progress and findings of the internal investigation.

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For more information regarding the Promontory Securities Practice Group, please contact Kathleen Hamm, Managing Director, at (202) 384-1022 or khamm@promontory.com