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Rolls-Royce Judgment names FRA

Rolls-Royce has agreed to pay £671m in penalties after coming to an agreement with the DOJ and SFO after their recent fraud investigation. The result comes after a long-running investigation into claims that Rolls-Royce bribed agents to win export contracts. Rolls-Royce […]

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Cyber Security 2017 – old tricks, new threats

Learn from last year’s big breaches and get head of the game to ensure your firm – or your clients – are not the next to feature in damaging headlines. After previous years of big data breaches and expensive security […]

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History of our Success

French securities class action defense

December 2005

French securities class action defense

At the end of 2005 and during 2006, FRA was retained by the US counsel to a major European engineering company in connection with defending a US securities class action. FRA’s eDiscovery involvement was to collect, process, and host email and other company data for review by the legal team in a manner compliant with French data protection laws and the French Blocking Statute. FRA's expertise in data protection, cultural sensitivity, and IT meant that we were able to recover potentially responsive data from a division that had been sold, including reconstituting critical data from archaic back-up tapes. Supporting the client with forensic accounting, FRA reviewed the revenue recognition on contracts and the loss occasioned on them, focusing in particular on asset-based financing structures, collateral arrangements, and net exposure to investors. FRA produced reports to the legal team and assisted at the deposition of witnesses. The case was settled in 2010 with the damages, initially claimed in the billions, cut by 95%.

Who We Are

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Phillip Desing

Partner

Phillip is a Partner in the Washington DC office of FRA. He has over 34 years of experience as a Special Agent of the FBI and as a certified public accountant (non-practicing). Phillip has extensive experience in the investigation and […]

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