Accounting Fraud
If a listed company or its affiliate is suspected of improper accounting or a material misstatement in a disclosure , it must promptly investigate the facts, determine the impact, and make a disclosure by the deadline specified in the Financial Instruments and Exchange Act. This also applies to companies seeking an IPO when they are audited by an audit corporation.
Our firm has several lawyers with extensive knowledge and experience in accounting fraud, including lawyers with work experience at the SESC and lawyers with CPA certification. In accounting fraud cases, these attorneys take the lead in providing comprehensive legal services as corporate counsel or as members of independent third-party committees. Our work includes support for initial response, factual investigation, analysis of causes, formulation of measures to prevent recurrence, support for dealing with the SESC and stock exchanges, liaison with audit corporations, and the drafting of disclosures and explanations to shareholders and other stakeholders.