Claims of Investment Misrepresentation
Axium was retained by counsel for a foreign sovereign investment fund in connection with its claims of misrepresentation and breaches of fiduciary duties relating to a significant private equity investment it had made in a US company. In support of its claims, we performed a forensic review of pre-investment accounting records and a thorough analysis of due diligence and investment promotional documents to determine whether the financial information of the company was accurately represented prior to the investment. Our review included the analysis of email and electronic data of former employees. We also conducted numerous interviews of former employees and investment consultants. We prepared a comprehensive and detailed report, which provided the framework for the successful settlement of the matter.