PDFPrintEmailAdd to Personalized Information Packet

Accounting Liability

As an established leader in an increasingly complex field, our Accounting Liability group provides legal advice to auditors, companies and individuals facing accounting and auditing issues. From handling cutting-edge cases, to helping companies navigate their way through financial restatements, to conducting accounting-related special investigations, the group draws on professionals from a number of practice areas to address our clients’ needs. Our litigators, white collar lawyers, and corporate teams bring decades of experience to the handling of all aspects of today’s accounting and auditing challenges.

Our litigators have defended accountants and auditors—as well as financial services firms, issuers of securities and officers and directors of such issuers and firms—in a wide range of high-profile securities class actions and professional liability cases. These representations have been in some of the most prominent accounting cases in recent history — Lehman Brothers, Enron, Parmalat, WorldCom, Global Crossing, Tyco, Rite Aid, Cendant and ImClone—as well as the recent tax-shelter cases. Our depth and experience enable us to handle the full range of accounting-related issues, from discrete professional liability claims to the largest and most complex international securities cases.

Our white collar lawyers have successfully represented accounting firms, individuals, and issuers in accounting-related matters before the SEC, the PCAOB, the Department of Justice, and state regulatory offices throughout the country. We also conduct internal accounting-related investigations and advise public company boards concerning their handling of accounting errors and irregularities. As a result, we are well suited to handle complex accounting cases in which there are parallel civil, criminal and regulatory proceedings.

Our corporate lawyers have long provided a broad range of services focused on corporate governance, securities compliance and related matters. These include dealing with the accounting-related governance issues that are especially pressing in light of Sarbanes-Oxley, Dodd-Frank and related reforms. Among these issues are: 

  • Management of audit committees’ relationships with independent auditors 
  • Director and officer fiduciary duties regarding ongoing corporate governance and transactional matters, including change of control and interested party transactions 
  • Compliance with disclosure and related requirements under securities laws and related regulations 
  • The development of corporate governance compliance programs and codes of ethics 
  • Special committee investigations of corporate wrongdoing; and responses to regulatory inquiries and investigations.

Defining Matters

Read our annual report, Defining Matters. Learn More