Multinational Insurance Firm
FRA was retained by a major European-headquartered insurer (market cap: over $60 billion) involved in a legal dispute with a US client. The US-based litigation required a potentially wide-ranging and costly eDiscovery exercise.
Challenge
FRA was retained by a major European-headquartered insurer (market cap: over $60 billion) involved in a legal dispute with a US client. The US-based litigation required a potentially wide-ranging and costly eDiscovery exercise. The matter was also particularly sensitive as it involved highly confidential information, as well as sensitive data from the most senior people in the company. FRA’s task was to work with the insurer’s legal team to take control of the eDiscovery process, keep costs down and ensure compliance with European data protection and commercial secrecy constraints.
Action
FRA analyzed the vast data set and narrowed the focus of the eDiscovery exercise, using data analytics to cull in as defensible a manner as possible so that the lawyers could focus on the richest sources of information. As Technology Assisted Review (TAR) was in its earliest stages at the time, we deployed new software that allowed one and a half attorneys to “train” the system to “learn” to score a few thousand documents in order to then apply relevance ratings to several million more documents. The attorneys were then able to adjust the relevance threshold and perform the document review quicker and with a smaller team.
Solution
Our law firm client maintained control over the investigation and was able to settle the matter over a year ahead of schedule in a very cost effective manner, without having to employ dozens of staff attorneys to conduct a review exercise.
Pro Bono Anti-Fraud Training for the IFRC
Members of our forensic accounting and data analytics teams delivered quarterly virtual training sessions for staff in relevant roles across the 192 National Societies of the International Federation of the Red Cross and Red Crescent Societies (IFRC).
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Arbitration involving Bribery and Corruption
FRA was engaged by an arbitration panel to act as an independent party, to identify any corruption red flags associated with royalty payments.
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ABB
In December 2022, the Switzerland-based multinational technology company reached a “full and final settlement” of $327 million with several national authorities. A multi-disciplinary, international team of FRA specialists supported the company through their cooperation with the authorities over more than three years, from investigation to settlement to compliance remediation.
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Petrofac
FRA was engaged by Petrofac and its external counsel to support the company’s plea discussions with the SFO, which had been investigating the company for several years in relation to bribery allegations contrary to the UK Bribery Act.
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Airbus
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NFT Marketplace Controls
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High Court Claim related to Oil & Gas Services Company
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International Arbitration Related to Commodity Trading
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APT Group Cryptocurrency Money Laundering
Reacting to cyber attacks by an Advanced Persistent Threat (APT) group on critical US infrastructure, an FRA Director conducted thorough and sophisticated cryptocurrency asset tracing to identify and disrupt the group's activities.
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European Bank
A European bank approached FRA to perform an initial evaluation of its exposure related to customers allegedly involved in money laundering activities. This was of concern to the client given the potential regulatory, financial and reputational implications for the bank.
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Nordic Telecommunications Company
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Cryptocurrency Terrorism Financing
An FRA expert provided critical support to the FBI's Counterterrorism Division, in connection with a multi-agency task force uncovering cryptocurrency terrorist financing. Their efforts led to the most significant US seizure of cryptocurrency to date.
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Expert Witness to the Quebec Superior Court
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Cryptocurrency Exchange Collapse Due to Fraud
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Responding to a Data Subject Access Request (DSAR)
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International Not-for-Profit Organization
FRA was approached to provide pro bono support to a not-for-profit organization that had identified potential anomalies in its accounting and banking records.
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Middle-East Telecommunications Company
FRA was retained to support one of the world’s largest mobile telecommunications companies in an internal investigation which required an eDiscovery review in the context of alleged compliance violations.
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Multinational Oil and Gas Extraction Company
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Illicit Online Marketplace
An FRA Director led an investigation into a nefarious online marketplace, applying complex data analysis resulting in the arrest of numerous cybercriminals selling illicit goods and services.
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International Event and Talent Management Company
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Deminor Recovery Services/Olympus
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Cryptocurrency Exchange Collusion
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Bank Leumi
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Sanctions and the Russia-Ukraine War
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Multinational Transport Engineering Company
FRA was retained by US counsel to Alstom (market cap: over $10 billion) to assist with defending a US securities class action suit. The case involved allegations around export credit financing of a division that Alstom had sold to a third party.
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Class-action Lawsuit challenging Solitary Confinement in US Prisons
FRA was approached by our client, White & Case, to provide pro bono support to the ACLU in their federal class-action lawsuit seeking to end solitary confinement in two Virginia prisons.
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Holocaust Restitution Claims Administration
FRA was retained separately by Swiss and German authorities to build claims administration systems for hundreds of thousands of holocaust survivors, facilitating the disbursement of hundreds of millions of dollars over five years. These were among firm's first engagements after our founding at the turn of the century.
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UN Oil for Food Program
As part of a UN investigation into possible corruption in the Iraqi Oil-for-Food program, FRA carried out a forensic accounting review and eDiscovery exercise.
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Technip
Following the imposition of a monitor in a joint resolution by the US Department of Justice (DOJ) and US Securities & Exchange Commission (SEC), Technip retained FRA to review the company’s anti-bribery measures and export control compliance program, provide forensic accounting and eDiscovery services and train the client’s internal audit staff to autonomously conduct future internal reviews.
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