Unisource vs. Stocktab, Inc.

Provided forensic accounting and litigation support services to assist Unisource International to identify its secured collateral in a bankruptcy. Work involved tracing of raw material paper stock through its conversion to finished good, accounts receivable and cash collateral.

Mednet MPC Corporation vs. ARCVentures, Inc.

Performed an insolvency analysis, prepared an opinion report and provided testimony relevant to the insolvency of Mednet, a publicly traded company, in connection with its acquisition of Arc Ventures. Expert work involved analysis on opinion of Mednet's insolvency at the date of the transaction, insolvency as a result of the transaction and insolvency at the dates of subsequent transfer payments even after subsequent capital infusions.

AB Cellular Holding, LLC vs. Car Telecom

Performed forensic accounting to investigate and trace cellular phones sold by AB Cellular, a subsidiary of AT&T Wireless, to a distributor and investigate the cause of a substantial amount of phones not becoming activated through AT&T.

Deeb vs. First Federal Bank

Provided forensic accounting and consulting services to document and assess damages involving valuation of an apartment building.

Securities and Exchange Commission vs. J.T. Wallenbrock and Citadel Capital Management

Provided forensic accounting services, including analysis of the defendant's operations, books and records, meetings with the SEC, Receiver and their attorneys, preparation of an accounting of the defendant's cash receipt and disbursement transactions to provide evidence for litigation, recovery of assets and verification of investor claims, identification of assets for recovery, preparation of accountings for individual investors for use in "Proof of Claim" verification and distributions, confirmation of investor transactions to determine allowed claims, assistance in creditor distributions and other litigation support as required by the Receiver and the SEC.

C.D. Services

Provided extensive forensic accounting and financial/securities consulting services to assist in identifying and accounting for over $60 million in certificates of deposits and derivatives therefrom sold to approximately 700 investors. Work involved tracing of investor funds, accounting for C.D. purchases, maturities, interest accumulation, as well as accounting for highly complex derivatives in the form of "zero" coupon investments and annuities sold to investors based on the underlying C.D.s.

Lutheran Church vs. Defendant

Performed forensic accounting to locate over $2 million which had been fraudulently diverted from the accounts of the Lutheran Church. Biggs prepared a comprehensive accounting and identified the recipients and uses of all the funds. This work supported recovery actions by the attorneys for the Church. The matter was referred to criminal authorities for prosecution.

Securities and Exchange Commission

vs Concord Capital Enterprise
Biggs & Co. provided forensic accounting for the Court appointed Receiver. Work was performed to reconstruct accounting records, trace and account for cash receipts and disbursements, and identify investors and recipients of funds. A database of investor files and accounting transactions was compiled for analysis and the tracing of assets. Biggs substantiated investor transactions, identified and verified sources of funds from unidentified parties/investors, and traced checks and researched disbursements to identify and classify them by payee and nature of disbursement.

Biggs also prepared accountings and reports for the SEC and Receiver to provide evidence to prosecute the case. Biggs met with the Receiver, U.S. Attorney, and FBI to review accounting, findings and information for trial. Work was performed as well to prepare and identify potential recoverable assets, to reconcile assets with those liquidated by the Receiver, and to provide accounting of additional potential recoverable assets to the Receiver. Biggs provided further assistance with claims analysis and exemptions.

Additional work was performed to prepare and file year-end payroll tax returns and W-2s, as well as preparation of corporate tax returns.

Lachman vs Peters

Biggs & Co. was engaged in this securities litigation matter to provide consulting, litigation support, forensic accounting and expert witness services. The engagement involved a compilation of securities transactions to determine gains, losses, commissions and changes incurred in connection with a complaint involving excessive trading activity (i.e. "churning") and inappropriate investments relative to the Lachman investment accounts. Biggs developed financial valuations and alternative analyses to assist in the dispute resolution for this case, and provided forensic accounting to develop case support for legal defense and prosecution.

Samaan vs Peterson et al

This was a securities litigation matter in which Biggs provided services similar to those rendered in the case of Lachman vs Peters. Biggs prepared a compilation of securities transactions to determine gains, losses, commissions and changes incurred in connection with a complaint involving excessive trading activity and inappropriate investments relative to Samaan investment accounts. Biggs also developed financial valuations to assist in dispute resolution, developed case support for defense and/or prosecution of legal matters and provided expert testimony.