Press Releases
Holtz Rubenstein Reminick’s Town Hall Meeting for Individuals and Businesses Affected by the Madoff Scheme
January 21, 2009 - Holtz Rubenstein Reminick LLP held a Town Hall style meeting for individuals or businesses that file taxes in New York State who were allegedly defrauded by Bernard Madoff and his business, Bernard L. Madoff Investment Securities LLC.
“The firm made this gesture because of its commitment to help New Yorkers and their business community through one of its toughest economic times,” noted Francis J. Candia, Holtz Rubenstein Reminick’s (“HRR”) Managing Partner. “The fallout from the Madoff scheme is simply compounding an already bad economic environment in the New York metropolitan area. It’s affecting clients and friends of our firm who are individual tax payers. It is also affecting individuals who own privately-held businesses or run publicly-traded companies in the real estate industry, in construction, private equity, biotech, manufacturing, wholesale distribution, and, most regretfully, not-for-profits.”
An HRR Response Team has been assembled to handle the accounting, tax, and business fraud issues resulting from the scheme. The team consists of Timothy W. Mulcahy, Partner-in-Charge of HRR Taxation Services; Joel R. Podgor, Partner-in-Charge of HRR White Collar Crime and Tax Fraud Services, and Gordon Siess, Partner-in-Charge of HRR Not-for-Profit Services. Aside from handling inquires from clients and friends of the firm regarding the Madoff matter, the team issues an electronic bulletin each week which addresses breaking news on the matter, as it unfolds.
On January 21, 2009, HRR’s Response Team, along with representatives from the legal and investment advisory professions, hosted a Town Hall meeting at the Jumeirah Essex House in Manhattan. The meeting drew a sell-out crowd and enabled taxpayers and CEOs, CFOs, and Controllers of both for-profit and not-for-profit organizations to voice their concerns. For more information, contact MadoffMatters@hrrllp.com.
Holtz Rubenstein Reminick LLP is a progressive regional accounting firm, providing a wide variety of accounting, tax, and business advisory services to clients throughout the New York metropolitan area. Twice named the “Fastest Growing Accounting Firm in America” (Public Accounting Report, Sept. 2005; Accounting Today, Apr. 2006), it is also the “Best Place to Work on Long Island” (Long Island Business News, Oct. 2006) and one of the Top 25 Accounting Firms in New York (Crain’s, Dec. 2008).
Through its affiliation with DFK International, a worldwide association of independent accounting firms and business advisers, it also provides services to clients throughout the United States, Canada, Europe, Asia, Mexico and other parts of the world.
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Holtz Rubenstein Reminick LLP, with offices on Long Island and in New York City, is one of the largest regional accounting firms and a leader in the community. It provides a wide variety of accounting, tax and business advisory services to clients throughout the New York metropolitan area. Through its affiliation with DFK International, it also provides services to clients throughout the United States, Canada, Europe, Asia, Mexico and other parts of the world.
For further information on this release, please contact:
Flo Federman
Director of Marketing Communications
631.752.7400 Ext. 212
ffederman@hrrllp.com
LONG ISLAND
125 Baylis Road
Melville, NY 11747-3823
Tel. 631.752.7400
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NEW YORK CITY
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New York, NY 10018
Tel. 212.697.6900
Fax. 212.490.1412