Forensic Accounting – Berning CPA http://berningcpa.com/ Tue, 10 May 2022 23:14:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://berningcpa.com/wp-content/uploads/2021/05/default-150x150.png Forensic Accounting – Berning CPA http://berningcpa.com/ 32 32 Webcast: Managing Purchase Price Adjustment Disputes https://berningcpa.com/webcast-managing-purchase-price-adjustment-disputes/ Tue, 10 May 2022 23:14:28 +0000 https://berningcpa.com/webcast-managing-purchase-price-adjustment-disputes/ May 10, 2022 When buyers and sellers negotiate acquisition agreements, they often spend a significant percentage of their negotiating time defining the terms of the provisions that govern purchase price adjustments. Purchase price adjustment mechanisms are also a frequent cause of post-closing disputes between buyers and sellers. In this recorded webcast, Gibson Dunn attorneys and […]]]>

May 10, 2022

When buyers and sellers negotiate acquisition agreements, they often spend a significant percentage of their negotiating time defining the terms of the provisions that govern purchase price adjustments. Purchase price adjustment mechanisms are also a frequent cause of post-closing disputes between buyers and sellers. In this recorded webcast, Gibson Dunn attorneys and an accountant discuss the purchase price adjustments in detail. The webcast includes discussions on the following topics:

  • A review of the issues that arise when negotiating purchase price adjustment clauses and drafting guidance for in-house counsel
  • A discussion of common sources of post-closing adjustment conflicts and accountants’ views on how these conflicts can be resolved
  • A litigant’s perspective on purchase price adjustment litigation

See the slides (PDF)



PANELISTS:

Stephen Glover is a partner in Gibson Dunn’s Washington, DC office and served as co-chair of the firm’s mergers and acquisitions practice group. Mr. Glover has an extensive practice representing public and private companies in complex mergers and acquisitions, strategic alliances and joint ventures, and other corporate matters. Mr. Glover’s clients include large public companies, emerging growth companies and middle market companies in a wide range of industries. He also advises private equity firms, individual investors and others.

Michelle M. Gourley is a partner in Gibson Dunn’s Orange County office and a member of the firm’s Corporate Department. Ms. Gourley practices general corporate and business law, with a focus on mergers and acquisitions and general business advice. Ms. Gourley has significant experience in domestic and international transactions, including acquisitions, mergers, financings and buyout options in numerous sectors such as manufacturing, medical devices and software. Ms. Gourley regularly advises senior management and private company boards of directors on their day-to-day operations.

Ron Hauben is a senior attorney in the New York office of Gibson Dunn and co-chair of the firm’s Accounting Firms Advocacy and Counsel Group. Mr. Hauben’s practice aims to bring the full range of the firm’s legal services to the accountancy profession, including regulatory enforcement and litigation defense, corporate governance, counsel and advice on a wide range of risk, crisis management and professional practice issues. Mr. Hauben also has extensive experience advising the boards and management of public and private companies on the role of independent auditors and the importance of independent auditing to stakeholders and capital markets.

Marshall R. King is a partner in the New York office of Gibson Dunn and is a member of the firm’s Class Actions and Securities Litigation practice groups. He has extensive experience in commercial and business litigation, with a particular focus on securities litigation, bankruptcy litigation and litigation arising from acquisitions. He often represents buyers or sellers in disputes arising from acquisitions and has advised companies in disputes regarding their rights under deeds.

Christian Morand is a partner at Ernst & Young LLP in the Forensic & Integrity Services practice. She provides litigation support services and alternative dispute resolution services on a variety of issues, including expert testimony, post-transaction disputes, purchase price disputes, and analysis and resolution of transactions or contractual arrangements. Ms. Morand’s experience providing arbitration and expert testimony services includes net working capital disputes, earnout disputes, GAAP and historical consistency issues, issues between GAAP and IFRS and other complex accounting issues. She also has experience conducting accounting and financial fraud investigations, including revenue recognition, asset misappropriation and earnings management.


MCLE CREDIT INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Board of Continuing Legal Education for a maximum of 1.0 credit hours, of which 1.0 credit hours may be applied to areas of requirement of professional practice. This course is approved for transitional/non-transitional credit.

Lawyers seeking credit in New York should obtain an affirmation form before viewing the archived version of this webcast. Please contact CLE@gibsondunn.com to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.25 hours.

California attorneys can claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit.

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GIIB appoints adviser to Board of Inquiry https://berningcpa.com/giib-appoints-adviser-to-board-of-inquiry/ Mon, 09 May 2022 10:23:00 +0000 https://berningcpa.com/giib-appoints-adviser-to-board-of-inquiry/ KUALA LUMPUR: GIIB Holdings Bhd appointed Ng Keok Chai as an adviser to the investigation committee in the investigation of suspended executive director Wong Weng Yew. In a filing from Bursa, the engineering rubber compound supplier said Ng would review and provide comments and an opinion on the independent consultancy firm’s investigation reports. It would […]]]>

KUALA LUMPUR: GIIB Holdings Bhd appointed Ng Keok Chai as an adviser to the investigation committee in the investigation of suspended executive director Wong Weng Yew.

In a filing from Bursa, the engineering rubber compound supplier said Ng would review and provide comments and an opinion on the independent consultancy firm’s investigation reports.

It would also provide advisory services with respect to the report(s) filed and any other work deemed necessary by the Inquiry Committee.

According to GIIB, Ng had served in the Royal Malaysian Police for 36 years. He has been heavily involved in police investigations and specializes in criminal investigations in various areas including commercial crime, general crime and forensic investigations with extensive experience in management and special operations.

He was the Senior Deputy Director of Forensic Investigations Division, CCID, Royal Malaysian Police, Bukit Aman and had served in the Commercial Crime Investigation Department until his retirement in 2019.

Ng is currently an independent non-executive director of CSH Alliance Bhd (formerly KTG Bhd), Hong Seng Consolidated Bhd and Dynaciate Group Bhd..

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Forensic Accounting Market Size and Growth 2022-2030 | Key Players – Ernst & Young, PwC, Deloitte, KPMG International, FTI Consulting https://berningcpa.com/forensic-accounting-market-size-and-growth-2022-2030-key-players-ernst-young-pwc-deloitte-kpmg-international-fti-consulting/ Thu, 05 May 2022 10:52:00 +0000 https://berningcpa.com/forensic-accounting-market-size-and-growth-2022-2030-key-players-ernst-young-pwc-deloitte-kpmg-international-fti-consulting/ The Latest Market Research Report Analyzes Forensic Accounting Market Demand by Different Segments Size, Share, Growth, Industry Trends and Forecasts to 2030 in its Database, which portrays a systematic picture of the market and provides a in-depth explanation of the various factors that are expected to drive the growth of the market. The Universal Forensic […]]]>

The Latest Market Research Report Analyzes Forensic Accounting Market Demand by Different Segments Size, Share, Growth, Industry Trends and Forecasts to 2030 in its Database, which portrays a systematic picture of the market and provides a in-depth explanation of the various factors that are expected to drive the growth of the market. The Universal Forensic Accounting Market Research Report is the high quality report containing in-depth market research. It presents a definitive solution to obtain market insights with which the market can be visualized clearly and thus important decisions for the growth of the business can be taken. All data, facts, figures and information covered in this business document are supported by renowned analytical tools including SWOT analysis and Porter’s five forces analysis. A number of steps are used when preparing the forensic report taking into account feedback from a dedicated team of researchers, analysts and forecasters.

Get | Download Sample Copy with TOC, Charts and List of Figures @ https://www.marketresearchintellect.com/download-sample/?rid=173740

The predicted sale of a product is also included in this Forensic Accounting market report which helps market players to bring new products to market and avoid errors. It suggests which parts of the business need to be improved for the business to succeed. It’s also easy to discover a new chance to stay ahead of the market, and this market research report provides the latest trends to help you place your business in the market and gain a significant advantage. .

One of the crucial parts of this report includes the leading vendor’s discussion of Forensic Accounting industry brand summary, profiles, market revenue, and financial analysis. The report will help market players to develop future business strategies and learn about the global competition. A detailed market segmentation analysis is done on producers, regions, type and applications in the report.

Key Players Covered in Forensic Accounting Markets:

  • Ernest and Young
  • PwC
  • Deloitte
  • KPMG International
  • FTI Council
  • kroll
  • AlixPartners
  • Control the risks
  • K2 Intelligence
  • Grant Thorton
  • BDO
  • Alvarez and Marsal
  • Nardello
  • Medico-Legal Risk Alliance (FRA)
  • Charles River Associates
  • Berkeley Research Group
  • Morse hemming

Global Forensic Accounting Market Segmentation:

Forensic Accounting Market Split By Type:

  • Criminal investigation and fraud
  • Bankruptcy proceedings
  • Risk management
  • Market

Forensic Accounting Market Split By Application:

  • Large companies
  • Government
  • Insurance professionals
  • Small enterprises
  • Legal professionals
  • People

The analysis in the study has been conducted across the globe and presents the current and traditional growth analysis, competition analysis, and growth prospects of the central regions. With industry-standard analytical accuracy and high data integrity, the report offers an excellent attempt to highlight major opportunities available in the global Forensic Accounting market to help players establish strong positions in the market. Buyers of the report can access verified and reliable market forecasts including those regarding the overall Global Forensic Accounting market size in terms of sales and volume.

Get | Discount on the purchase of this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=173740

Scope of Forensic Accounting Market Report

Report attribute Details
Market size available for years 2022 – 2030
Base year considered 2021
Historical data 2018 – 2021
Forecast period 2022 – 2030
Quantitative units Revenue in USD Million and CAGR from 2022 to 2030
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free report customization (equivalent to up to 8 analyst business days) with purchase. Added or changed country, region and segment scope.
Pricing and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

Regional Market Analysis Forensic Accounting can be represented as follows:

This part of the report assesses key regional and country-level markets on the basis of market size by type and application, key players, and market forecast.

Based on geography, the global forensic accounting market has been segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

For more information or query or customization before buying, visit @ https://www.marketresearchintellect.com/product/global-forensic-accounting-market-size-forecast/

About Us: Market Research Intellect

Market Research Intellect provides syndicated and customized research reports to clients across various industries and organizations with the aim of providing personalized and in-depth research studies.

Our advanced analytical research solutions, personalized advice and in-depth data analysis cover a range of industries including energy, technology, manufacturing and construction, chemicals and materials, food and beverages . Etc

Our research studies help our clients make superior data-driven decisions, understand market forecasts, take advantage of future opportunities and maximize efficiency by working as a partner to deliver accurate and valuable insights without compromise.

Having served over 5000 clients, we have provided reliable market research services to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

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Website: –https://www.marketresearchintellect.com/

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2022 primary election: Canyon County Clerk | Idaho State Election Coverage https://berningcpa.com/2022-primary-election-canyon-county-clerk-idaho-state-election-coverage/ Sun, 01 May 2022 06:01:00 +0000 https://berningcpa.com/2022-primary-election-canyon-county-clerk-idaho-state-election-coverage/ Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic ofBarbadosBelarusBelgium, […]]]>

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Hometown Heroes Walk for Children Award Winners https://berningcpa.com/hometown-heroes-walk-for-children-award-winners/ Sat, 30 Apr 2022 00:47:56 +0000 https://berningcpa.com/hometown-heroes-walk-for-children-award-winners/ Five community leaders were presented with the 2022 Hometown Hero Awards by Child Advocacy Center Director Sharon De Boer and Board Member Terry Fann at the 7th Annual Hometown Heroes Walk for Children Friday morning. “Each of these Hometown Heroes is a passionate advocate for children,” De Boer said. “They are servant leaders who have […]]]>

Five community leaders were presented with the 2022 Hometown Hero Awards by Child Advocacy Center Director Sharon De Boer and Board Member Terry Fann at the 7th Annual Hometown Heroes Walk for Children Friday morning.

“Each of these Hometown Heroes is a passionate advocate for children,” De Boer said. “They are servant leaders who have dedicated their careers to making our community a better place for children and families.”

The awards were presented during the annual Child Abuse Prevention Month event. The 2022 winners were Art Dinkins, Patty Oeser, Detective Michael Yates, Dr Lisa Milam and Jessica Ramos Wauchek.

Art Dinkins served in the U.S. Army and earned his bachelor’s degree in physical education from Mississippi Valley State University and his master’s degree in public service management from Cumberland University. He is a devoted family man who has been married for 29 years and has two sons and a grandchild. He is a deacon at Oliver Branch Church in Murfreesboro.

Dinkins has worked in the Department of Children’s Services since December 2005, where he is a true team player. He was hired at the Williamson County Department of Children’s Services as a foster case manager 3. Three months into his new career, his team leader left abruptly. He asserted himself and took over the role of team leader without hesitation. In 2009, he was transferred to the Rutherford County Department of Children’s Services to become the leader of the foster care team. But instead of supervising the foster family, he went where he was needed most as the child protective services team leader. He always did whatever it took to keep the department in compliance. These tasks include making home visits, entering case notes, assessing the needs of children and adolescents, and attending team meetings.

Dinkins has dedicated his career to helping child abuse and sexual abuse victims in Rutherford County and being an outstanding supervisor to his staff.

Patty Oeser was a dispatcher, patrol assistant, school resource officer and detective for 24 years with the Rutherford County Sheriff’s Office. Most recently, she worked as a detective in the Family Crimes Unit, responding to cases of physical and sexual abuse of children. She has taught Internet safety courses to students and parents and has worked on the sex offender registry.

Oeser served on the Tennessee Internet Crimes Against Children Task Force comprised of the FBI, Tennessee Bureau of Investigation, Department of Homeland Security, and local law enforcement. As part of the task force, she investigated a Milton man accused of using online sextortion of girls in a Western state and Germany. The FBI describes sextortion as a crime that occurs online when an adult convinces an underage child to share sexual images or perform acts on a webcam.

Oeser investigated a director of youth education at the church who was charged with the statutory rape of a girl from the age of 13. The attacker pleaded guilty in February and is serving a 20-year prison sentence.

Oeser received a 2018 Child Abuse Prevention Month award from the Department of Children’s Services because she responded whenever child protective services investigators needed her help in cases of child abuse. She always went above and beyond the call of duty to protect children.

Oeser has served on the Hometown Heroes Walk for Children committee that has organized this event for the past few years. She is currently the Principal of Rutherford County Safe Schools, where she continues to make a difference in the lives of children and youth in Rutherford County.

Dr. Lisa Milam has been a Tennessee expert in child sexual abuse with children for 30 years. She is the CAC’s reference person for forensic examinations. She trained every member of the county’s child protection investigative team. Since the beginning of her career, Dr. Milam has worked with child victims of sexual abuse and taught others how to help them.

She is completing her 30th year as a forensic social worker with Our Kids and serves as Director of Expansion. She has helped assess more than 10,500 children and successfully launched four satellite clinics at child advocacy centers in rural Middle Tennessee. Child victims in these rural counties would not have received the quality medical care and forensic evaluations they deserve without his pioneering efforts. In addition, she performs assessments for more complex cases involving young children.

Milam received her M.Sc. and Ph.D. from the University of Tennessee College of Social Work and is a Certified Clinical Social Worker. She has provided clinical supervision to many social workers in Middle Tennessee. She has presented at professional conferences in Tennessee and across the country and has published numerous research articles.

She is an award-winning baker and a TURBO Kentucky basketball fan. She lives in Springfield with her husband and cats.

Detective Michael Yates was hired by the Murfreesboro Police Department in July 1996 and became a Field Training Officer five years later in July 2001. He was promoted to Detective in 2011 and joined the Special Victims Unit in May 2016. His associate and bachelor’s degrees are from MTSU.

This hometown hero handles all of his cases, from start to finish, in a very victim-centric manner. He conducts thorough investigations, faithfully attends child protection investigative team meetings, testifies well in court, and helps families navigate the complex criminal justice system.

Talking to a police officer can scare children. Detective Yates is a family man who knows how to talk to children. No matter how old the child is, he knows he has no problem and is ready to help. Children feel safe and listened to when talking to her. As a Special Victims Unit detective, he interacts with children and families whose lives have been shattered, and the ability to talk to children and families and give them back some of their control is essential to bring them the justice they need.

Yates teaches a course at the Murfreesboro Police Department’s Citizens Police Academy and was integral in establishing Darkness to Light child sexual abuse training for the department. Yates has been a loyal member of the Hometown Heroes Walk for Children committee where he hosts the event, helps secure food donations for the picnic, and always comes up with new creative ideas every year, like the Tennessee guitar for the this year’s silent auction.

Jessica Ramos Wauchek is a key staff member at the Child Advocacy Center. She holds a bachelor’s degree in accounting from Ashford University and an associate’s degree with a major in accounting and a minor in management from New Jersey City University. When she came to the Child Advocacy Center, all of her professional experience was in the for-profit world – as an accountant at HD Smith Pharmaceutical, World Packaging, Gregory Commons and Long Island Beef.

When Wauchek applied to CAC, she just wanted a “little accounting job” she could do part-time while her kids were in school. Now she oversees the Child Advocacy Center’s accounting, fundraising and community education program.

Wauchek is one of the CAC’s hardest workers. Several years ago, United Way’s online grants system had a problem and it took hours to add the data. She stayed at the CAC until 4 a.m. to enter data before the deadline. She’s always ready to help, whether it’s moving furniture or helping social workers add up their client numbers at the end of the term. Her family supports her by volunteering.

Wauchek has the best attitude. She comes in every day with a smile on her face, an infectious laugh and an infectious sense of humor. Along with the heartbreaking cases worked at the CAC, she helps balance the grief. She runs the Child Advocacy Center together. She’s up front and behind the scenes to make positive things happen every day.

“All of these hometown heroes never wanted to be recognized for their accomplishments, because it was never about them,” De Boer concluded, “it was always about the kids.”

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ACAMS FinTech & Crypto Summit presents strategies to quickly combat financial crime… | Your money https://berningcpa.com/acams-fintech-crypto-summit-presents-strategies-to-quickly-combat-financial-crime-your-money/ Wed, 27 Apr 2022 15:06:07 +0000 https://berningcpa.com/acams-fintech-crypto-summit-presents-strategies-to-quickly-combat-financial-crime-your-money/ Chicago, April 27, 2022 (GLOBE NEWSWIRE) — As part of its ongoing efforts to educate compliance professionals on how technology is transforming the fight against illicit finance, ACAMS will host a special training event and networking event for its 3rd Annual FinTech & Crypto Summit. On May 3, attendees of the in-person event will learn […]]]>

Chicago, April 27, 2022 (GLOBE NEWSWIRE) — As part of its ongoing efforts to educate compliance professionals on how technology is transforming the fight against illicit finance, ACAMS will host a special training event and networking event for its 3rd Annual FinTech & Crypto Summit. On May 3, attendees of the in-person event will learn the latest industry guidance and best practices from leading financial crime experts in fintech and virtual assets, including representatives from the U.S. Bureau Comptroller of the Currency, Federal Reserve Board of Trustees, Federal Deposit Insurance Corporation, Federal Bureau of Investigation, Conference of State Bank Supervisors, Citi, Western Union, Meta, Coinbase, Stripe, BlockFi, Mercari, Chainalysis, Polaris, TRM Labs, Merkle Science and other technology companies, money services companies and law firms involved in this evolving industry.

In addition to answering questions from the audience, speakers will describe Financial Crimes (AFC) compliance practices and investigative strategies on topics such as identifying evasion Russian sanctions which is unique to FinTech companies and cryptocurrency exchanges, using forensic accounting methods to identify and track terrorism-related blockchain payments, understand regulatory positions and concerns related to digital bank charters and traded funds trading Bitcoin, and fighting sex and labor trafficking rings through the use of new technological tools.

“FinTechs and virtual asset service providers are arguably the most exciting, disruptive and agile businesses in the financial space today, but their continued progress ultimately depends on their collaboration. with regulators, law enforcement, banks and other institutions to address financial risk and crime,” said ACAMS CEO Scott Liles. “By bringing together so many stakeholders to discuss threats and emerging concerns, this summit marks an important step on the road to ensuring that the technology is more promising than perilous.”

“Whether you are a compliance practitioner concerned about how cryptocurrencies can be exploited to evade sanctions, a law enforcement official investigating illicit financial flows through digital payment systems, or a FinTech executive seeking to learn how regulatory oversight can impact your business, this summit offers practical information on how to protect businesses from criminal abuse, monetary penalties and reputational damage,” he said. .

The full ACAMS FinTech & Crypto Summit program can be found here.

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About ACAMS®

ACAMS is the largest international membership organization dedicated to providing financial crime prevention (AFC) education, best practices and peer-to-peer networking opportunities for AFC professionals worldwide. With over 90,000 members in 180 jurisdictions, ACAMS is committed to ending financial crime by providing knowledge sharing services on anti-money laundering/counter-terrorism financing and sanctions, thought leadership, risk mitigation services, ESG initiatives and platforms for public-private dialogue. The association’s CAMS certification is the benchmark qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’s 60 chapters around the world further amplify the association’s mission through educational and networking initiatives. To visit acams.org for more information.

Lashvinder Kaur ACAMS +44 7388264478 LKaur@acams.org

Copyright 2022 GlobeNewswire, Inc.

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DEADLINE: Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. Investors Suffering Substantial Losses Have Opportunity to File Class Action | https://berningcpa.com/deadline-li-cycle-holdings-corp-f-k-a-peridot-acquisition-corp-investors-suffering-substantial-losses-have-opportunity-to-file-class-action/ Sat, 23 Apr 2022 22:03:00 +0000 https://berningcpa.com/deadline-li-cycle-holdings-corp-f-k-a-peridot-acquisition-corp-investors-suffering-substantial-losses-have-opportunity-to-file-class-action/ SAN DIEGO, April 23, 2022 /PRNewswire/ — The law firm of Robbins Geller Rudmann & Dowd LLP announces that purchasers or acquirers of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY; LICY.WS) traded securities listed between February 16, 2021 and March 23, 2022inclusive (the “Class Period”) have until June 21, 2022 to seek appointment […]]]>

SAN DIEGO, April 23, 2022 /PRNewswire/ — The law firm of Robbins Geller Rudmann & Dowd LLP announces that purchasers or acquirers of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY; LICY.WS) traded securities listed between February 16, 2021 and March 23, 2022inclusive (the “Class Period”) have until June 21, 2022 to seek appointment as lead applicant in Barnish v. Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp., no. 22-cv-02222 (EDNY). Started on April 19, 2022the Li Cycle The class action accuses Li-Cycle and some of its top executives of violating the Securities Exchange Act of 1934.

If you have suffered significant losses and wish to act as the lead plaintiff of the Li Cycle class action, please provide your information by clicking here. You can also contact a lawyer JC Sanchez of Robbins Geller by calling 800/449-4900 or emailing jsanchez@rgrdlaw.com. Principal Applicant’s Requests for Li Cycle class action must be filed with the court no later than June 21, 2022.

CASE ALLEGATIONS: Li-Cycle is the leading recycler of lithium-ion batteries in North America. On August 10, 2021, Li-Cycle merged with Peridot Acquisition Corp., a special purpose acquisition company (“SPAC”) also known as a blank check company. Prior to the merger, Peridot was listed on the NYSE under the ticker symbols PDAC, PDAC.U and PDAC WS.

the Li Cycle The class action alleges that, throughout the Class Period, the defendants made false and misleading statements and failed to disclose that: (i) Li-Cycle’s largest customer, Traxys North America LLC, n is not actually a customer, but merely a broker providing financial working capital to Li-Cycle while Traxys attempts to sell Li-Cycle’s product to end customers; (ii) Li-Cycle has engaged in transactions with highly questionable related parties; (iii) Li-Cycle’s mark-to-model accounting is vulnerable to abuse and gives a false impression of growth; (iv) a significant portion of Li-Cycle’s reported revenue was derived simply from gross up receivables on products that had not been sold; (v) Li-Cycle’s gross margins have likely been negative since inception; (vi) Li-Cycle will require a $1 billion funding to support its expected growth (which is higher than Li-Cycle raised through the merger); and (vii) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

On March 24, 2022, Blue Orca Capital released a report on Li-Cycle describing Li-Cycle as “a near fatal combination of stock promotion, laughable governance, a hemorrhagic bankrupt company and highly questionable Enron-like accounting” . Among other things, Blue Orca alleged that Li-Cycle’s revenues are based on “an Enron mark-to-model accounting gimmick” and that “Li-Cycle misappropriated $529,902 in investor capital to the family. . . of its founders through a series of highly questionable related party payments. Blue Orca also alleged that “Li-Cycle’s cash burn is so severe and well above previous forecasts” that “will require [Li-Cycle] lift at least $1 billion . . . largely by massively diluting current shareholders.” At this news, Li-Cycle’s share price fell more than 5%, hurting investors.

Robbins Geller launched a dedicated SPAC working group to protect investors in blank check companies and seek redress for corporate wrongdoing. Comprised of experienced litigators, investigators and forensic accountants, the SPAC Task Force is dedicated to researching and prosecuting fraud on behalf of aggrieved SPAC investors. The rise of blank check funding presents unique risks for investors. Robbins Geller’s SPAC Task Force represents the forefront of ensuring integrity, honesty and fairness in this rapidly developing area of ​​investment.

THE PRINCIPAL APPLICANT PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Li-Cycle securities during the class action period to seek appointment as a lead plaintiff in the Li Cycle class action. A principal plaintiff is generally the plaintiff with the greatest financial interest in the relief sought by the putative class that is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members by directing the Li Cycle class action. The main plaintiff can select a law firm of his choice to plead Li Cycle class action. An investor’s ability to participate in any potential future upturn in the Li Cycle the class action does not depend on the status of principal plaintiff.

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: Robbins Geller Rudman & Dowd LLP is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The firm is ranked #1 in the 2021 ISS Securities Class Action Services Top 50 report for recovering nearly $2 billion for investors last year alone – more than triple the amount recovered by any other company from the plaintiffs. With 200 attorneys in 9 offices, Robbins Geller attorneys have secured many of the largest securities class action recoveries in history, including the largest securities class action recoveries ever – $7.2 billion – in In re Enron Corp. Dry. Litigation Please visit http://www.rgrdlaw.com for more information.

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SOURCE Robbins Geller Rudman & Dowd LLP

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Robbins Geller Rudman & Dowd LLP announces that https://berningcpa.com/robbins-geller-rudman-dowd-llp-announces-that/ Wed, 20 Apr 2022 22:52:39 +0000 https://berningcpa.com/robbins-geller-rudman-dowd-llp-announces-that/ SAN DIEGO, April 20, 2022 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that buyers of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY; LICY.WS) traded securities between February 16, 2021 and March 23, 2022 inclusive (the “Class Period”) have until June 21, 2022 to seek appointment as lead plaintiff in Barnish […]]]>

SAN DIEGO, April 20, 2022 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that buyers of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY; LICY.WS) traded securities between February 16, 2021 and March 23, 2022 inclusive (the “Class Period”) have until June 21, 2022 to seek appointment as lead plaintiff in Barnish v. Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp., no. 22-cv-02222 (EDNY). Started on April 19, 2022, the Li Cycle The class action accuses Li-Cycle and some of its top executives of violating the Securities Exchange Act of 1934.

If you have suffered significant losses and wish to act as the lead plaintiff of the Li Cycle class action, please provide your information by clicking here. You can also contact a lawyer JC Sanchez of Robbins Geller by calling 800/449-4900 or emailing jsanchez@rgrdlaw.com. Principal Applicant’s Requests for Li Cycle the class action must be filed with the court no later than June 21, 2022.

CASE ALLEGATIONS: Li-Cycle is the leading recycler of lithium-ion batteries in North America. On August 10, 2021, Li-Cycle merged with Peridot Acquisition Corp., a special purpose acquisition company (“SPAC”) also referred to as a blank check company. Prior to the merger, Peridot was listed on the NYSE under the symbols PDAC, PDAC.U and PDAC WS.

the Li Cycle The class action alleges that, throughout the Class Period, the defendants made false and misleading statements and failed to disclose that: (i) Li-Cycle’s largest customer, Traxys North America LLC, n is not actually a customer, but merely a broker providing financial working capital to Li-Cycle while Traxys attempts to sell Li-Cycle’s product to end customers; (ii) Li-Cycle has engaged in transactions with highly questionable related parties; (iii) Li-Cycle’s mark-to-model accounting is vulnerable to abuse and gives a false impression of growth; (iv) a significant portion of Li-Cycle’s reported revenue was derived simply from gross up receivables on products that had not been sold; (v) Li-Cycle’s gross margins have likely been negative since inception; (vi) Li-Cycle will need an additional $1 billion in funding to support its expected growth (which is higher than what Li-Cycle secured through the merger); and (vii) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

On March 24, 2022, Blue Orca Capital released a report on Li-Cycle describing Li-Cycle as “a near-fatal combination of stock promotion, laughable governance, a hemorrhagic bankrupt company, and kind of accounting. Enron very questionable”. Among other things, Blue Orca alleged that Li-Cycle’s earnings are based on “an Enron-like model brand accounting gizmo” and that “Li-Cycle diverted $529,902 in investor capital to the family. . . from its founders through a series of highly questionable related party payments.” Blue Orca also alleged that “Li-Cycle’s cash burn is so severe and well above previous forecasts ‘that’ will require [Li-Cycle] raise at least $1 billion. . . largely by massively diluting current shareholders. At this news, Li-Cycle’s stock price fell more than 5%, hurting investors.

Robbins Geller launched a dedicated SPAC working group to protect investors in blank check companies and seek redress for corporate wrongdoing. Comprised of experienced litigators, investigators and forensic accountants, the SPAC Task Force is dedicated to researching and prosecuting fraud on behalf of aggrieved SPAC investors. The rise of blank check funding presents unique risks for investors. Robbins Geller’s SPAC Task Force represents the forefront of ensuring integrity, honesty and fairness in this rapidly developing area of ​​investment.

THE PRINCIPAL APPLICANT PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Li-Cycle securities during the class action period to seek appointment as a lead plaintiff in the Li Cycle class action. A principal plaintiff is generally the plaintiff with the greatest financial interest in the remedy sought by the putative class that is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members by directing the Li Cycle class action. The main plaintiff can select a law firm of his choice to plead Li Cycle class action. An investor’s ability to participate in any potential future upturn in the Li Cycle the class action does not depend on the status of principal plaintiff.

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: Robbins Geller Rudman & Dowd LLP is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The firm is ranked No. 1 in the 2021 ISS Securities Class Action Services Top 50 report for recovering nearly $2 billion for investors last year alone, more than triple the amount recovered by any other firm from plaintiffs. With 200 attorneys in 9 offices, Robbins Geller attorneys have secured many of the largest securities class action recoveries in history, including the largest securities class action recovery on record – $7.2 billion dollars – in In re Enron Corp. Dry. Litigation Please visit http://www.rgrdlaw.com for more information.

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Contact:
Robbins Geller Rudman & Dowd LLP
655 W. Broadway, San Diego, CA 92101
JC Sanchez, 800-449-4900
jsanchez@rgrdlaw.com

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Interpath plans Irish practice after attack on partners Deloitte and KPMG https://berningcpa.com/interpath-plans-irish-practice-after-attack-on-partners-deloitte-and-kpmg/ Tue, 19 Apr 2022 11:18:59 +0000 https://berningcpa.com/interpath-plans-irish-practice-after-attack-on-partners-deloitte-and-kpmg/ Interpath Advisory, a UK corporate restructuring and insolvency firm, plans to set up a practice in the Republic with 120 staff in the next three to four years after poaching six partners from KPMG and Deloitte in Ireland. Blair Nimmo, managing director of Interpath Advisory, told the Irish Times that the company aims to start […]]]>

Interpath Advisory, a UK corporate restructuring and insolvency firm, plans to set up a practice in the Republic with 120 staff in the next three to four years after poaching six partners from KPMG and Deloitte in Ireland.

Blair Nimmo, managing director of Interpath Advisory, told the Irish Times that the company aims to start with “boots on the ground” in the Republic from June and gradually develop a team of 30 to 40 people in 12 months. He confirmed talks in recent months to buy out Deloitte Ireland’s insolvency unit had come to nothing.

“We want to build a market-leading restructuring business in Ireland,” said Mr Nimmo. “But the second part of our strategy is to develop other advisory services. These include areas such as forensic accounting, valuations, debt counseling and possibly other aviation and shared services related services.

Interpath Advisory was created in May last year when KPMG in the UK sold its corporate restructuring business to private equity firm HIG Capital for more than £350m (€414m ). The sale allowed the restructuring business to continue to win work from the Big Four firm’s audit clients, as it removed the risk of conflicts of interest at a time of heightened regulatory scrutiny of the industry.

It emerged in early February that KPMG Ireland partners Kieran Wallace and Eamonn Richardson, better known as co-liquidators of the Irish Bank Resolution Corporation (IBRC), and Deloitte Ireland partners Ken Fennell, Mark Degnan and James Anderson had handed in their notice and planned to join forces to create an Irish branch of Interpath.

senior employee

Mr Nimmo also said a sixth person, KPMG insolvency specialist Andrew O’Leary, would join the new team, becoming its first senior employee in June. The other men are currently due to join between January and April next year. The plan is to have the main office in Dublin, with further initial locations in Belfast and Cork, he said. Mr. Fennell and Mr. Wallace will ultimately lead the Irish operation.

“We’re not going to wait for the main people to start building teams. We’re going to start doing that pretty soon,” Mr. Nimmo said. “We talk to people who have come to see us, wondering what we’re doing and expressing an interest in getting involved.”

There has been speculation in the industry that people from KPMG Ireland’s restructuring and forensics unit, which employs 120 people, and Deloitte Ireland’s restructuring division, which employs around 60 people, could also find yourself at Interpath Advisory Ireland. However, Mr. Nimmo declined to comment on this.

A widely predicted global outbreak of business collapses at the start of the pandemic two years ago has so far failed to materialize due to unprecedented levels of government support for businesses and households at the height of the pandemic. crisis.

PwC Ireland said earlier this month that Irish business failure rates, at 15 per 10,000 businesses in the 12 months to March, were at levels not seen since 2005 or 2006. The firm estimates that more than 4,500 businesses have been rescued from bankruptcy primarily as a result of government Covid-19 supports, with a number of these businesses essentially put on life support.

Liquidation case

“We have all watched the crystal ball since Covid hit in March 2020,” Mr Nimmo said. “But most people we talk to say there will be a spike somewhere between the third quarter (the third quarter) of this calendar year and the first quarter of next year.”

All outstanding review and liquidation cases in which the outgoing partners of KPMG Ireland and Deloitte Ireland are involved should move with them to the new practice, as they are court-appointed officials in each case.

“We hope to have a discussion with Deloitte and KPMG on this,” Mr. Nimmo said. “Has there been any detailed work on this so far? No, there was none.

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Securities litigation partner James (Josh) Wilson encourages investors who have suffered losses greater than $100,000 in TaskUs to contact him directly to discuss their options https://berningcpa.com/securities-litigation-partner-james-josh-wilson-encourages-investors-who-have-suffered-losses-greater-than-100000-in-taskus-to-contact-him-directly-to-discuss-their-options/ Fri, 15 Apr 2022 21:37:00 +0000 https://berningcpa.com/securities-litigation-partner-james-josh-wilson-encourages-investors-who-have-suffered-losses-greater-than-100000-in-taskus-to-contact-him-directly-to-discuss-their-options/ Securities litigation partner James (Josh) Wilson encourages investors who have suffered losses greater than $100,000 in TaskUs to contact him directly to discuss their options NEW YORK, NY/ACCESSWIRE/April 15, 2022/ Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against TaskUs, Inc. (“TaskUs” or the “Company”) (NASDAQ: TASK) and reminds […]]]>

Securities litigation partner James (Josh) Wilson encourages investors who have suffered losses greater than $100,000 in TaskUs to contact him directly to discuss their options

NEW YORK, NY/ACCESSWIRE/April 15, 2022/ Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against TaskUs, Inc. (“TaskUs” or the “Company”) (NASDAQ: TASK) and reminds investors of the April 25, 2022 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

If you suffered losses greater than $100,000 investing in TaskUs stocks or options between June 11, 2021 and January 19, 2022 and want to discuss your legal rights, call partner Faruqi & Faruqi Josh Wilson directly to 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/TASK.

Faruqi & Faruqi, LLP, Friday, April 15, 2022, Image from press release

There is no cost or obligation for you.

Faruqi &  Faruqi, LLP, Friday 15 April 2022, Image from press release

Faruqi & Faruqi, LLP, Friday, April 15, 2022, Image from press release

Faruqi & Faruqi is a leading national minority and women-owned securities law firm with offices in New York, Pennsylvania, California and Georgia.

As detailed below, the lawsuit focuses on whether the company and its officers violated federal securities laws by making false and/or misleading statements and/or failing to disclose that (1) TaskUs was experiencing severe financial and business difficulties, particularly with its largest major customer Facebook; (2) the content security market was smaller than that represented by defendants and defendants’ representations were based on outdated market data; (3) TaskUs incorrectly recognized revenue from certain key contracts; (4) Defendants overstated TaskU’s workforce size and employee retention rates, and understated attrition rates; and (5) that as a result of the foregoing, defendants’ positive statements about the company’s business, operations and prospects were materially false and misleading and/or lacked reasonable basis.

On January 20, 2022, Spruce Point Capital Management, LLC (“Spruce Point”) released a report titled “Bull Case Content Moderation” based on its “Forensic Financial and Accounting Review” of TaskUs. Spruce Point found that TaskUs “has a pattern of exaggerated and inflated business claims, including revenue, and conceals financial constraints with reduced disclosures, hand-picked market data, and non-standard key performance indicators.” Additionally, Spruce Point said, “we find evidence of growing tension in the relationship ‘between TaskUs and its largest customer Facebook’ and believe margins and cash flow are expected to contract more than expected.” Spruce Point also stated, “We are seeing a pattern of [TaskUs] embellishing its workforce size and making overly optimistic revenue growth claims. »

On this news, shares of TaskUs fell $5.46 per share, or more than 15%, from $35.59 per share on January 19, 2022 to $30.13 per share at the close of trading on January 20. January 2022, on an unusually high volume of transactions.

The court-appointed lead plaintiff is the investor with the greatest financial interest in the relief sought by the class that is adequate and typical of the class members directing and supervising the litigation on behalf of the putative class. Any member of the putative class may ask the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent member of the class. Your ability to participate in any collection is not affected by whether or not to serve as lead plaintiff.

Faruqi & Faruqi, LLP also encourages anyone with information regarding TaskU’s conduct to contact the company, including whistleblowers, former employees, shareholders and others.

Lawyer advertisement. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated confidentially.

THE SOURCE: Faruqi & Faruqi, LLP

See the source version on accesswire.com:
https://www.accesswire.com/697651/Securities-Litigation-Partner-James-Josh-Wilson-Encourages-Investors-Who-Suffered-Losses-Exceeding-100000-In-TaskUs-To-Contact-Him-Directly- To-discuss-their-options

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