AOL Time Warner Inc. Securities Litigation
In class action–related securities litigation brought by opt-out plaintiffs, Cornerstone Research supported Timothy Lucas, former director of research and technical activities at the Financial Accounting Standards Board and former chairman…
Auditor Independence: Audit Firm
Cornerstone Research was retained by defense counsel for a national accounting firm in a case involving an audit of a large company.
Baker v. American Century Investment Management, Inc.
Counsel for American Century retained Cornerstone Research in an action alleging that the investment management company had charged excessive fees to its mutual fund customers.
DMX Music, Inc. v. Muzak LLC and CVS Pharmacy, Inc.
DMX sued CVS and Muzak in California over an agreement to provide music programming services to the CVS drugstore chain.
MicroStrategy, Inc. Securities Litigation
MicroStrategy, Inc. and its auditor, PricewaterhouseCoopers, were named in a class action lawsuit that alleged that the announcement had caused a one-day $11 billion drop in the market capitalization of…
Mylan Pharmaceuticals v. The Procter & Gamble Company
In an alleged predatory pricing matter, Mylan Pharmaceuticals, a generic drug manufacturer, claimed that Procter & Gamble, the brand manufacturer, and Watson Pharmaceuticals, an authorized generic manufacturer, were selling competing…
Professional Malpractice
Cornerstone Research was retained to support two experts on behalf of a national accounting firm against claims of professional malpractice and breach of contract before a three-arbitrator panel.
Reliance on Audited Financial Statements
Cornerstone Research and Professor Christopher James of the University of Florida were retained to assist KPMG in a dispute with a syndicate of banks over a secured line of credit…
Restatement and Accounting Change
Counsel for a major firm involved in a securities class action retained Cornerstone Research to support two experts who addressed accounting issues and materiality.
SEC/DOJ Investigation of FCPA Violations by a Fortune 500 Energy Firm
Cornerstone Research and an accounting expert assisted a large provider of energy-related products and services in SEC and DOJ investigations regarding a former subsidiary’s alleged violations of the Foreign Corrupt…
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