Organizations responding to scandal, crisis, or allegations of misconduct are subject to intense scrutiny from law enforcement, regulators, shareholders, and the public. When confronted with allegations of illicit activity, leaders must act swiftly and decisively to address all related regulatory, legal, and operational challenges. A credible, proper investigation can protect an organization and its stakeholders by preventing isolated issues from becoming systemic problems and minimizing disruption to an organization’s reputation and value.
Our team of former prosecutors, enforcement agents, regulators, and chief compliance officers Protect, Create, and Recover ValueTM for our clients by conducting swift investigations, unraveling complex fraud schemes, correcting violations, and communicating with authorities.
Our team includes former senior investigators and prosecutors with both regulatory agencies, such as the U.S. Department of Justice (DOJ), Federal Bureau of Investigation (FBI), Securities and Exchange Commission (SEC), Public Company Accounting Oversight Board, the Department of Defense, as well as the UK Serious Fraud Office and other foreign regulators and agencies. That expertise is complemented by the perspectives of former in-house investigative and compliance staff at global companies and public organizations. Our team regularly advises boards of directors, executive management, legal counsel, and compliance officers.
We turn massive and varied data into clear, admissible, and actionable analysis and boost clients’ understanding well beyond the public record.
We design proactive and reactive solutions to help our clients navigate regulatory and legal complexity with greater confidence and transparency.
Our forensics experts support clients by acquiring, analyzing, and preserving a range of data from varied computer systems to identify relevant intelligence and evidence quickly.
Our team of seasoned forensic accountants delivers tailored investigative solutions to transform complicated financial data into admissible evidence.
Partnering with external or in-house counsel, we help our clients through investigations, government inquiries, and criminal and civil litigation.
We help clients address complex insurance claims and underlying losses in the built environment.
Global Financial Institution
Deconstructing Trading Systems to Address Allegations
Ankura was retained by the independent audit committee of a large financial institution to perform an internal investigation with outside counsel and assist in responding to the SEC and the DOJ concerning allegations of improper fees charged to customers. Our team deconstructed the proprietary trading systems and computer code to clearly explain the details surrounding the trading process, the data captured, and the functionality of the custom computer software. Ultimately, we analyzed the scope of the fees and customers affected. The investigation results were reported to the audit committee, the SEC, the DOJ, and the FBI.