Posted by INSIDE Public Accounting | Jun 15, 2012 | Firm Management, Firms, Legal
Chicago-based BDO USA (FY11 net revenue of $572 million) has agreed to pay $50 million to settle a years-long investigation into abusive tax shelters that generated $6.5 billion in phony losses. The deferred prosecution...
Read MorePosted by INSIDE Public Accounting | Apr 19, 2012 | Firm Management, Firms, Legal
New York-based BDO Seidman LLP has settled a lawsuit over a $285 million loan made to LeNature’s Inc. before it went bankrupt in 2006. BDO prepared the financial statements for the beverage company and the loan was arranged by...
Read MorePosted by INSIDE Public Accounting | Apr 16, 2012 | Firm Management, Firms, Legal
New York-based BDO Seidman LLP has settled a lawsuit over a $285 million loan made to LeNature’s Inc. before it went bankrupt in 2006. BDO prepared the financial statements for the beverage company and the loan was arranged by...
Read MorePosted by INSIDE Public Accounting | Feb 1, 2011 | Firm Management, Firms, Legal, Mergers & Acquisitions
Richmond, Va.-based Cherry Bekaert & Holland LLP (FY10 net revenue of $98.4 million) expanded by hiring more than 100 partners and employees from Berenfeld, Spritzer, Shechter and Sheer, the Coral Gables, Fla., firm that...
Read MorePosted by INSIDE Public Accounting | Jan 10, 2011 | Firm Management, Firms, Legal, Mergers & Acquisitions
When Walnut, Calif.-based Moore Stephens Wurth Frazer and Torbet joined forces with Little Rock, Ark.-based Frost, PLLC last year, the new Frazer Frost was born and the future of the combined firm looked bright. Frazer Frost...
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