Rex Homme

Rex has deep experience with investigations relating to fraud, white collar crime, accounting errors, financial restatements, securities, compliance, mass torts, and bankruptcy. Prior to joining Ankura, he led complex accounting investigations at a global accounting firm.

A selection of Rex’s professional experience includes:

• Regularly worked with top law firms to support government forensic accounting and data analytics for clients facing government allegations of accounting misstatement, executive misconduct, investor fraud, and bribery.
• Investigated whistleblower reports at numerous corporations, determining financial statement impact and working with regulators, criminal authorities, and external auditors to resolve the issues and present the findings.
• Investigated allegations of employee malfeasance, including embezzlement, bribery, kickbacks, conflicts of interest, and misuse of company assets.
• Assisted monitors, clients, and counsel with the review and evaluation of compliance programs in response to regulator settlements.
• Provided expert witness testimony in state and federal cases. Rex has been a financial expert on behalf of the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ).
• Assisted clients with quantifying insurance losses as a result of floods, fires, hurricanes, cyber intrusion, and other catastrophic events.

Since 2017, Rex has been recognized in Lexology Index as a top forensic accountant.

Investigations and Forensic Accounting

• Rex leads complex accounting and financial fraud investigations, involving earnings management, revenue recognition schemes, and other financial misstatements. He has led global investigations involving allegations of violations of the Foreign Corrupt Practices Act (FCPA). He also assists clients with investigating misappropriation, embezzlement, kickbacks, and other employee malfeasance. Rex designs and oversees these procedures, including reviewing emails, analyzing internal controls, analyzing accounting records, analyzing third-party documents, performing data analytics, and conducting interviews of relevant parties. Rex regularly assists counsel with the preparation of findings and presenting the findings to audit committees, boards of directors, the DOJ, and the SEC.

Litigation and Business Disputes

• Rex is a financial expert in complex business disputes involving breach of contract, lost profits quantification, fraudulent conveyance, accounting defense, Ponzi schemes, purchase price disputes, alter ego, and flows of funds. These engagements involve preparing damage models, preparing expert reports, analyzing opposing experts’ damage claims and their testimony, and providing testimony at trial. He has been a financial expert on behalf of the SEC and the DOJ.

Regulatory Compliance Matters

• Rex has been the lead forensic advisor in global compliance monitorships involving corruption. These matters have involved analyzing issues on six continents. He has assisted clients with the review and assessment of their ethics, compliance, and anti-fraud programs. The procedures included reviewing and analyzing company policies, procedures, and controls for potential risk areas; performing transactional testing; reviewing contracts; conducting interviews; performing distributor audits; and quantifying potential FCPA violations. He has also provided FCPA-related training to counsel and internal audit and compliance employees for numerous clients. Rex assists counsel with preparing and presenting findings to audit committees, boards of directors, the DOJ, and the SEC.

Business Interruption

• Rex assists companies, insurance companies, and trust funds with quantifying and evaluating lost profits, extra expenses, and inventory losses for business interruption and related insurance claims. The loss events have included fires, hurricanes, floods, cyber-attacks, 9/11, and product contamination. The procedures involve analyzing accounting records, analyzing inventory records, preparing damage claims, and evaluating extra expenses to prepare insurance claims or evaluate submitted claims. Rex has also participated in negotiations between companies and the insurers in settlement discussions.