News


Hemming Morse Welcomes Forensic and Financial Consulting Services Principal Joseph Emanuele

Joseph Emanuele joins Hemming Morse as a Principal in the Forensic and Financial Consulting Group. Previously consulting privately as Emanuele Valuation and a former manager at Burr Pilger Mayer, Inc. (BPM), Emanuele will work from Hemming Morse’s Los Angeles and Santa Rosa offices.

“Joe was an integral part of my team when we worked together at BPM, and I am thrilled he has chosen to join us here at Hemming Morse,” said Partner Jim Andersen. “His extensive valuation experience builds on the breadth of services we are able to offer our clients.”

With more than 15 years of experience in the financial services industry, Emanuele’s practice includes valuation, litigation consulting and financial investigation. He has performed valuations for a wide range of purposes, including taxation, financial reporting, internal decision-making, marital dissolutions and non-profit to for-profit conversions.

In addition, Emanuele serves on the American Institute of Certified Public Accountants’ (AICPA) Business Valuations Committee, providing professional guidance to CPA practitioners nationwide. He is also an active member and former vice chair of the Business Valuation Section of the Litigation Sections of the California Society of Certified Public Accountants (CalCPA), as well as a member of the Chartered Financial Analyst Institute, American Society of Appraisers and the CFA Society of Orange County. Emanuele earned his B.S. in Business Analysis from San Francisco State University (1984).

“The sophisticated talent of the professionals at Hemming Morse and the level of client service they provide is unparalleled,” said Emanuele. “I am excited for this opportunity to join the team and to partner with the top notch roster of clients the firm attracts.”

Matthew Lombardi writes for the CalCPA Magazine

Matthew Lombardi, Partner, has authored an article for CalCPA Magazine* entitled “Follow The Code.” The article discusses the update on the AICPA’s Revised Code of Professional Conduct.

*Reprinted with permission from the California Society of CPAs. Unless otherwise stated, views expressed are those of the author and individuals quoted, not CalCPA.

Greg McKinnon named Managing Partner of HM

We are pleased to announce that Greg McKinnon has been named Managing Partner of Hemming Morse, LLP.  Greg has been a part of the HM team since 2006.  We congratulate him and look forward to his leadership in this role.  Colin Johns, HM’s former Managing Partner, continues to be a Partner in the firm’s Forensic and Financial Services Group.

Tatyana Shtyrkova Joins the San Francisco CalCPA Board of Directors

Forensic and Financial Consulting Services Senior Associate Tatyana Shtyrkova has been elected to the Board of Directors of CalCPA’s San Francisco Chapter. The San Francisco Chapter offers a wide variety of resources with a focus on Special Interest Groups, that allow members to collaborate on current issues, educate each other, and pick up tips to make their practices more successful. Click to view Announcement.

Susan Thompson and Carl Saba collaborate to help earn Plaintiff an award of $4.5 million.

Susan Thompson, a Hemming Morse partner, testified in the Superior Court of Fresno County on behalf of Plaintiff in Fresno RV v. Paul Evert’s RV Country. At trial, the court awarded $500,000 of assumed damages to Plaintiff for damage to business reputation, sales and profits. Ms. Thompson and Carl Saba, also a partner at Hemming Morse, then performed a valuation of the Defendant’s net worth. The Hemming Morse team was able to prove that Defendant’s did have net worth, and punitive damages were awarded to Plaintiff for over $4.0 million, bringing the total award to over $4.5 million. Click to view article.

Dan Ray Joins TIAG Advisory Board

Forensic and Financial Consulting Services Partner Dan Ray has joined The International Accounting Group (TIAG) Advisory Board. TIAG is a worldwide alliance of international accounting firms. The Advisory Board is charged with assisting TIAG’s management in reviewing prospective new members, offering feedback for the planning of international conferences, and providing valuable guidance on future plans and initiatives. Click to view article.

Steven Boyles Testifies on behalf of Plaintiff in Sonoma County Resulting in $13 Million Verdict

Hemming Morse Partner, Steven Boyles, testified in the Superior Court of Sonoma County over the course of two days on behalf of the plaintiff in Jeffrey Coury v. Chicago Title Insurance Company.  Mr. Coury filed his breach of contract claim alleging, among other things, that Chicago Title had breached his employment contracts by not providing him stock grants and stock option awards he was entitled to per the contracts.  The Hemming Morse team developed numerous financial models quantifying the damages to Mr. Coury, including quantifying the value of the stock grants and stock option awards, upon which Mr. Boyles testified to during trial.  On June 7, 2013, the jury awarded monetary damages in excess of $13 million (plus fees) to Mr. Coury (resulting in one of the largest judgments ever entered in Sonoma County).