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…
Allegedly Improper Revenue Recognition and Reserves
In a class action suit against a leading technology firm, Cornerstone Research supported four experts: an accounting expert, a corporate governance expert, an industry expert, and an executive compensation expert.
ESG Re Limited v. Deloitte & Touche
Cornerstone Research worked with experts testifying on damages and reinsurance issues and assisted counsel in their defense of Deloitte & Touche against claims of malpractice and breach of contract in both U.S.…
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