Former Heller Ehrman Chairman Matthew Larrabee is vowing to fight allegations by the defunct firm's creditors that it pumped up its profits in early 2008 and then tried to cover it up. The assertions "are without merit and are not supported by citations to any source," Larrabee said in an e-mailed statement. The allegations, contained in an interim report filed in bankruptcy court, represent the creditors committee's biggest shot -- but not necessarily its last -- against former shareholders and management.
August 12, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Former Heller Ehrman Chairman Matthew Larrabee is vowing to fight allegations by the defunct firm’s creditors that it pumped up its profits in early 2008 and then tried to cover it up.
“The assertions in the Creditors’ Committee report are without merit and are not supported by citations to any source,” Larrabee said in an e-mailed statement. “These claims will be vigorously defended at the appropriate time.”
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