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StoneTurn Group Admits Eric Hines and Michael J. Lazarus and brings Erick Bell to the San Francisco Office

StoneTurn Group, a firm specializing in forensic accounting, computer forensics, intellectual property, dispute consulting and antifraud and corruption consulting, today proudly announced the admission of Eric Hines and Michael J. Lazarus to the partnership.

Simon Platt, Managing Partner of StoneTurn, said, “We are thrilled to announce the firm’s continued growth with the admission of Eric and Michael to the partnership. Eric has added tremendous value to the firm’s east coast forensic accounting and dispute litigation practice lines over the past seven years and will continue to do so in a partner capacity.

Michael joined the firm over two years ago and has brought deep financial services expertise and client relationships. Michael has a market presence in both the New York and San Francisco offices of StoneTurn. We look forward to his continued leadership and consulting services as a partner to both east and west coast clients.”

StoneTurn also announced today that Erick Bell has joined the San Francisco office bringing over 15 years of forensic accounting, business litigation, fraud risk management and audit experience to the office. “The addition of Erick Bell in the San Francisco market is an important one for our firm. Erick’s industry experiences allow the firm to better serve our existing clients as well as new ones,” commented San Francisco-based partner, Cathy Connolly.

About Eric Hines

Eric Hines is a Certified Public Accountant in the Boston office of StoneTurn Group with extensive experience performing forensic accounting and financial consulting engagements. He has testified in a number of forums. Eric began his career auditing public and private companies in a variety of industries and was previously in the forensic group at a Big 4 firm. He serves private and public sector clients as well as acts as a consultant to various Federal and State Government agencies.

Eric has been involved in a variety of matters involving the interpretation and application of U.S. and international Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS), advising clients on SEC issues and investigating various acts of fraud. He has extensive experience performing forensic accounting investigations and restatements related to revenue recognition, promotional allowances, procurement fraud, reserve manipulation, stock options and various other types of financial statement manipulation.

Eric also has a wide range of experience providing support to counsel in complex litigation matters involving finance and accounting issues, including matters involving commercial damages, post-acquisition disputes, False Claims Act violations and accounting/audit malpractice. His significant litigation experience includes pre-trial consulting, attending depositions as counsel’s financial and accounting advisor, preparation of expert reports and trial testimony.

Eric’s industry experience includes telecommunications, software, energy, entertainment, financial services, manufacturing, consumer business and healthcare. He was also a part-time instructor of postgraduate courses in forensic accounting and fraud examination at Northeastern University in Boston.

About Michael Lazarus

Michael is a Partner in StoneTurn's San Francisco and New York offices and focuses on the financial services industry. Throughout his career, as the President and CEO of a multi-billion dollar financial institution, as a consultant with one of the world's leading consulting firms, and as an attorney, he has had to simultaneously deal with complicated, diverse and multiple matters. As a result of his legal, financial and business experience, he often is engaged by clients to perform special investigations involving complex and sensitive matters on behalf of corporate boards, committees and regulatory agencies concerning alleged improprieties by corporate officers and directors as well as irregularities in financial reporting.

Prior to his time at StoneTurn, Michael served as President and CEO of Eureka Federal Savings and Loan Association, and as Chairman of the Board and President of its various subsidiaries engaged in mortgage banking, real estate development, hotel and resort operation, and asset management. In his role as President and CEO, Michael reorganized and refocused Eureka’s lending procedures and activity and spearheaded the effort to transform nonperforming assets into performing assets. Additionally, prior to his time as President and CEO, Michael served as General Counsel and was responsible for the identification, analysis and resolution of over $1.7 billion of nonperforming assets, and the supervision and disposition of over 450 litigation matters.

About Erick Bell

Erick Bell is a certified public accountant and certified fraud examiner. He has over 15 years of forensic accounting, business litigation, fraud risk management and audit experience. He currently serves as an adjunct professor teaching forensic accounting to graduate students. Erick has published articles in the fields of anti-fraud consulting and fraud investigations. He regularly speaks at international conferences on various topics related to forensic accounting.

Prior to joining StoneTurn, Erick worked at Big 4 accounting firms in both forensic services and audit roles. He has experience with a variety of litigation and investigations involving accounting-related matters including expert witness preparation and testimony, investigations of improper financial reporting and financial statement restatements, accounting malpractice, Wells Notice defenses, purchase price disputes, securities litigation, development and testing of fraud controls, and fraud remediation services. These engagements included the interpretation of GAAP and GAAS, covering a variety of topics including, among others: revenue recognition, stock based compensation, management reserves, loss contingencies, lease accounting, and omitted disclosures.

Erick’s experience covers a number of industries including software, manufacturing, professional services, bio-technology, pharmaceutical, healthcare, financial services and regulated industries.

About StoneTurn Group

StoneTurn Group is a national intellectual property, forensic accounting, forensic technology, dispute consulting and antifraud, waste and corruption consulting firm. StoneTurn’s practitioners are experienced in providing financial, economic and accounting analysis, forensic technology expertise and lab support, expert witness and forensic investigative services to attorneys, corporations and individuals in a variety of types of matters and industries. StoneTurn was founded on the premise of responsive, high-quality service with appropriate partner “hands on” involvement. The practitioners of StoneTurn bring their accumulated experience to offer solutions to intricate financial and technical problems. By applying their research, analytical skills, interrogatory methods and industry experiences, the practitioners of StoneTurn deliver results efficiently to clients in the resolution of their complex business concerns and disputes.

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