Investigations and Remediation
Whether initiated internally through an audit or a whistleblower, or as a result of regulatory inquiry, an experienced and effective investigation team is critical to help address both board and regulatory expectations and quickly capture responsive data, identify the root cause, and determine the parties involved.
Unfortunately, fraud and economic crime have become more sophisticated and elaborate, and the need for experts and forensic accountants to untangle problems and provide valuable solutions has increased dramatically. Often, large scale frauds present a complex web of challenges that require a multi-layered approach to observing, analyzing, and resolving the matter. As a result, an efficient investigation process is also key to effectuating timely remediations, which may include implementing new financial internal controls and enhancing the existing compliance program.
Our tenured, multidisciplinary team provides a seamless experience to investigate diverse, global issues by utilizing our familiarity with local cultures and regulations and using state of the art technology tools.
Service Examples
- Performing eDiscovery and data analytics
- Managing electronic document and data production
- Creating, managing, and executing third and fourth-party risk management programs and, when needed, investigations involving regulatory and contract compliance
- Assisting with remediation, including financial control design and oversight of implementation
- Conducting due diligence involving several joint development agreements to evaluate commercially reasonable efforts and compliance with agreement provisions
- In the context of settlements with the DOJ and the SEC, analyzing revenues, distribution models, financial and physical flows, and market events in multiple countries to estimate potential profit disgorgement
- Conducting investigative procedures, which may include:
- Reviewing custodian emails
- Providing investigative interviewing assistance
- Evaluating design and implementation of internal accounting and operating controls
- Analyzing compliance with controls
- Unwinding and tracing illicit funds
- Reconstructing lost and/or destroyed records
- Evaluating and analyzing complex account concepts and methods
- Analyzing financial and other supporting documentation
- Liaising with external auditors
- Teaming with internal and/or external counsel
- Executing internal investigations involving CIAs and DPAs, and evaluating associated compliance programs and operational processes, for sales call planning, sales force management, and off-label marketing
