Securities and Exchange Commission v. Lucent Technologies

Debevoise & Plimpton retained Analysis Group in this matter in which the SEC alleged that Debevoise’s client, Lucent Technologies, fraudulently recognized approximately $1.148 billion in revenue and $470 million in pre-tax income in violation of GAAP, during its 2000 fiscal year. We supported an accounting expert in providing analysis and determining whether a violation of GAAP standards had occurred.