The company said that the US Attorney’s office for the Southern District of New York had opened a preliminary criminal investigation into the business and that the Securities and Exchange Commission’s Florida office, which is conducting its own informal inquiry, would co-ordinate its activities with the new inquiry.
The company did not disclose what the investigations were centred around but seem likely to follow a similar line to French investigations, which are examining whether the firm published false accounts in 2000 and 2001 in order to hide the true nature of its financial situation.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars