- Defended a Fortune 500 software CEO in SEC investigation
- Defended Brokerage Firm From Allegations of Insider Trading By SEC
- Fraud Investigation of Government Contractor
- Investigation Regarding Potential Restatement by Reinsurer
- Whistleblower Investigation Involving Major Defense Contractor
- Defended Fortune 100 Bank in Class-action Lawsuit
- Expert in D&O Litigation Matter
- Defended Breach of Contract Claim Against Government Contractor
- Assisted in Incurred Cost Submissions Matter
- Defended Insurance Company in Billion Dollar Environmental Litigation
- Defended Construction Contractor in Breach of Contract Claim
- Defended Overhead Rate Calculation of Government Contractor
Select Forensic Accounting & Fraud Engagements
1. Defended a Fortune 500 software CEO in SEC investigation
Assisted in the successful defense of the CEO of a Fortune 500 software company accused of fraudulent activity related to revenue recognition and billing improprieties. Researched relevant accounting rules and provided consulting advice to counsel in drafting a “Wells” submission to the SEC. Assisted in the preparation of various motions and discovery requests. Reviewed accounting and financial records, contract files, and other financial data, and analyzed company’s competitors, industry conditions, and the overall marketplace in preparing various reports for counsel. Also assisted counsel with interviews of the company’s personnel.
2. Defended Brokerage Firm From Allegations of Insider Trading By SEC
Assisted counsel in the defense of a broker-dealer subsidiary of a large investment brokerage firm to allegations of insider trading by the SEC concerning the company’s trading in a company account and the offering of a private investment in public equity (“PIPE”). Reviewed trading detail, financial records, and electronic transmissions in assisting counsel to reach settlement.
3. Fraud Investigation of Government Contractor
Investigated the billing practices of a government contractor in response to allegations of fraudulent invoicing of the federal government through employee reimbursable expenses. Mr. Quinn conducted interviews of current and former employees, reconciled employee expense reports and expense transactions included in invoices to accounting data. Mr. Quinn reviewed overhead allocations as impacted by various questioned expenses and compared with rates permitted by contract.
4. Investigation Regarding Potential Restatement by Reinsurer
Assisted counsel in the investigation of an offshore reinsurer’s revenue recognition policies to determine whether restatement was appropriate. Extensive analysis of electronic transmissions. Ultimately determined that restatement was not necessary. top
5. Whistleblower Investigation Involving Major Defense Contractor
Assisted counsel in an internal investigation initiated by whistleblower allegations involving a major defense contractor. Mr. Quinn reviewed financial records and conducted interviews of company personnel in analyzing and determining the veracity of the allegations made. top
6. Defended Fortune 100 Bank in Class-action Lawsuit
Assisted counsel in the defense of the investment banking division of a Fortune 100 Bank accused of breaching their fiduciary duties by improperly sweeping cash balances from the clients’ accounts and investing these funds to the benefit of the bank. Mr. Quinn reviewed financial records to determine the potential liability associated with the suit. Matter is on-going. top
Select Damage Calculations Engagements
7. Expert in D&O Litigation Matter
Retained as an expert by the issuer of a Directors’ and Officers’ policy and issued report. Matter involved the determination of the appropriate legal fees incurred by various parties engaged in several distinct transactions over a period of time. Assisted counsel in refuting opposition’s expert’s report and in deposition of opposition’s expert. Favorable settlement occurred. top
8. Defended Breach of Contract Claim Against Government Contractor
Assisted counsel in defense of breach of contract claim against a government contractor. Created model to reflect limits of liability associated with alleged breach. Provided assistance with discovery, including preparation of document requests, interrogatories, and reviews of the company’s internal records to determine relevance of information. Favorable judicial result occurred. top
9. Assisted in Incurred Cost Submissions Matter
Assisted counsel in an engagement involving a large professional services firm and its legacy government consulting services business, with particular focus on the preparation of incurred cost submissions. Mr. Quinn analyzed client contracts and reviewed accounting system data to assess whether over/under-billings to the government had occurred. top
10. Defended Insurance Company in Billion Dollar Environmental Litigation
Created economic model for insurance company in large environmental contamination litigation. Matter concerned over 575 different geographic exposure sites spanning a period in excess of 80 years involving hundreds of different levels of insurance coverage. top
Selected Construction And Government Contracts Experience
11. Defended Construction Contractor in Breach of Contract Claim
Assisted counsel in defending construction contractor in a breach of contract claim. Developed model projected lost profits associated with counterclaim of contractor.
Analyzed issues including lost or diminished revenue, diminution of future revenue prospects, increased costs, avoided costs, cost of capital, and mitigation. top
12. Defended Overhead Rate Calculation of Government Contractor
Assisted a government contractor involved in a dispute with the government concerning application and calculation of overhead rates. Mr. Quinn reviewed relevant FAR guidance and assisted in the negotiations with the government to find resolution. top
