A bankruptcy court report has alleged that Heller Ehrman last year distributed $9m (£5.5m) in profits that the now-defunct firm did not have. According to the interim status report, in early 2008, someone at Heller instructed its accounting department to distribute the $9m and then cover it up.
August 11, 2009 at 08:43 AM
1 minute read
The original version of this story was published on Legalweek
A bankruptcy court report has alleged that Heller Ehrman last year distributed $9m (£5.5m) in profits that the now-defunct firm did not have.
According to the interim status report, in early 2008, someone at Heller instructed its accounting department to distribute the $9m and then cover it up.
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