Respond to securities litigation

No immunity, broadening reach

Issuers registered on public exchanges in the United States are subject to SEC laws and regulations. Each year, some will face inquiries about alleged financial fraud. Allegations usually point to misleading financial statements, accounting irregularities, intentional violations of GAAP and false or inaccurate disclosures in periodic public filings. Meanwhile, securities regulators and law enforcement agencies worldwide have stepped up coordination in identifying red flags. The ideal response to allegations of malfeasance weighs all financial and economic options to best define, and solve, the forensic puzzle at hand.

 
Significant events and announcements in 2013 have set the stage for potentially sweeping [securities litigation] changes in the future.

2013 Securities Litigation Study


 
In 2013, 70% of all accounting related cases alleged inadequate internal controls, representing the highest percentage in over 10 years.

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Watch our 2012 Securities Litigation Study video series

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A multifaceted defense

Avoiding securities litigation or achieving the best outcome requires a multifaceted approach. PwC provides forensic accounting, litigation consulting and remediation advisory services to identify the root causes of problems, and quantify their effects. We gather, correlate, interpret and evaluate accounting, financial and economic data to help your business refute allegations and plan informed and effective next steps. To this end, the ability to provide competent answers to legal counsel, clients, courts, investors and the SEC is of paramount importance.