Case Histories
Case Histories
Service Area
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Los Angeles County
Orange County
San Bernardino County
Riverside County
San Diego County
Ventura County
© 2011 EP Forensic & Valuation Services LLP. All rights reserved.
EP Forensic & Valuation Services is a full-service certified public accounting partnership with offices in Los Angeles,
Ontario, and Redlands, California. Our areas of special expertise include forensic accounting, fraud audit, fraud
examination, financial investigation, valuation services, and expert witness services. We serve all of Southern
California from headquarters in the Inland Empire, with specialized knowledge and expertise in the counties of Los
Angeles, Orange, San Bernardino, and Riverside.
Representative Matters

Confidential Matter, Riverside County Superior Court (2007-2011)
Financial investigation of activities of vice-president and minority shareholder of privately held construction
firm. Allegations include diversion of company assets and opportunities, breach of fiduciary duties, breach
of covenant not to compete, and unfair competition. Damages claimed in excess of $5 million. Matter is
scheduled for trial in August 2011.

Hasso v. J&J Real Estate, San Bernardino County Superior Court (2011)
Rendered expert testimony in jury trial in reference to alleged fraudulent transfer of 60-acre residential
development in Loma Linda, California. Issues included presence of “badges of fraud” in real estate
transaction, as well as breach of fiduciary duties by principals of defendant corporation. Damages claimed
approximately $3 million. Matter is pending.

Confidential Matter, Los Angeles County Superior Court (2011)
Forensic reconstruction of accounting and financial records of seven-clinic medical corporation in reference
to corporate dissolution proceedings between shareholders. Allegations include fraud, conversion,
embezzlement, and contempt. Damages claimed in excess of $5 million. Matter is scheduled for trial in
January 2012.

Confidential Matter, San Bernardino County Superior Court (2011)
Financial investigation of activities of president and majority shareholder of privately held manufacturing
firm. Allegations include fraud, conversion, and breach of fiduciary duty. Damages claimed in excess of $2.5
million. Matter is pending.

Confidential Matter, Ontario and Riverside, CA (2011)
Financial investigation of activities of two investment brokers in Ontario and Riverside, CA, in relation to an
alleged Ponzi scheme, on behalf of three individual investors. Allegations include fraud, securities fraud, and
money laundering. Damages claimed in excess of $2.5 million. Referred for criminal prosecution. Matter is
pending.

Davidson v. Stone, Los Angeles County Superior Court (2010)
Financial investigation of activities of debtor on $1 million private note. Allegations included fraud and
money due. Expertise included financial investigation, economic analysis of settlement options, title
research, and closing services. Matter was settled privately to the satisfaction of client.

Risk v. Alexander, Los Angeles County Superior Court (2010)
Financial investigation of activities of general partner of three residential apartment buildings in Santa
Monica and West Los Angeles. Allegations included fraud, embezzlement, and breach of fiduciary duty.
Expertise included financial investigation, title research, selection of trial counsel, and extensive economic
analysis of settlement options and tax consequences. A receiver was appointed to take control of all of the
apartment buildings, and the matter was settled privately to the satisfaction of client.

Bato v. Laboratory Corporation of America, US District Court, Los Angeles (2010)
Quantitative and qualitative analysis of extensive electronic business records in wage and hour class-action
against Fortune 500 firm. Allegations included deliberate manipulation of computerized time-keeping
system and mechanical forgery of accounting records of a publicly-traded corporation. The matter was
settled privately to the satisfaction of counsel for plaintiff-class.

Confidential Homeowners’ Association (2010)
Forensic audit of residential homeowners’ association in Los Angeles County. Issues included improper
and incomplete accounting for approximately $2.6 million in association funds. Report and guidance issued
to the satisfaction of client.

Private Medical Corporation (2009)
Forensic audit of private medical corporation in Inland Empire. Issues included abrupt decline in revenue,
coupled with weakness in the internal controls, and absence of usual and customary record-keeping
procedures. Report and guidance issued to the satisfaction of client.