Lehman Examiner Valukas Testifies at Senate Hearing on Auditors Role in Financial Crisis

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Apr 07, 2011, 11:17 ET

CHICAGO, April 7, 2011 /PRNewswire/ -- Jenner & Block Chairman Anton R. Valukas testified on April 6 before the U.S. Senate Subcommittee on Securities, Insurance, and Investment at a hearing titled, "The Role of the Accounting Profession in Preventing Another Financial Crisis."

Mr. Valukas, the court-appointed Examiner in the Lehman Brothers, Inc. bankruptcy proceedings, shared his experiences and insights gained in authoring the widely acclaimed Examiner's Report that was released in March 2010. The 2,200+ page report, which the New York Times called "the definitive account of the largest bankruptcy in American history" and the Wall Street Journal described as a "master work," is available at http://lehmanreport.jenner.com.

The hearing, chaired by United States Senator Jack Reed, examined the role of auditors and accountants in the recent financial crisis. For more information, including a full witness list, please see: http://banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=0f533e5b-dc43-4fc2-a415-5df2ae8806da

A copy of Mr. Valukas' testimony is available at: http://www.jenner.com/files/tbl_s20Publications/RelatedDocumentsPDFs1252/3595/Valukas_Statement_Senate_Subcomm_April_6_2011.pdf

Mr. Valukas, a former United States Attorney for the Northern District of Illinois, focuses on major civil and white collar criminal litigation and his clients include some of the largest corporations and public entities in the country. He is a Fellow of the American College of Trial Lawyers and is also a graduate of Northwestern University School of Law. His full bio is available at: http://www.jenner.com/avalukas.

SOURCE Jenner & Block LLP