STOCK TITAN

FCPA Specialist Rocco deGrasse Joins FTI Consulting as a Senior Managing Director

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary

FTI Consulting, Inc. (NYSE: FCN) has appointed Rocco deGrasse as Senior Managing Director and Midwest Leader in its Global Risk and Investigations Practice. Based in Chicago, deGrasse brings over a decade of expertise in FCPA compliance and investigations. He previously served as Co-Chair at The Claro Group and spent 15 years at KPMG LLP, where he focused on fraud and misconduct investigations. The firm aims to expand its forensic practice in Chicago, leveraging deGrasse's extensive network and experience.

Positive
  • Appointment of Rocco deGrasse strengthens leadership in Global Risk and Investigations.
  • DeGrasse brings extensive experience in FCPA compliance, enhancing company expertise.
  • Strategic focus on expanding forensic practices in the Chicago market.
Negative
  • None.

WASHINGTON, June 03, 2020 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Rocco deGrasse as a Senior Managing Director and Midwest Leader in the Global Risk and Investigations Practice within the firm’s Forensic and Litigation Consulting segment.

Mr. deGrasse, who is based in Chicago, has extensive experience with investigations focusing on the Foreign Corrupt Practices Act (“FCPA”), healthcare, money laundering and general fraud. He also has extensive experience with the design, implementation and testing of compliance programs. At FTI Consulting, he will work with senior management and boards of directors on fraud and misconduct investigations and compliance initiatives.

“FTI Consulting professionals combine expertise in corporate internal investigations, anti-bribery and foreign corruption risk assessments, transactional due diligence, and disputes with a deep understanding of the multijurisdictional investigative process,” said Andrew Rosini, Leader of the Global Risk and Investigations Practice at FTI Consulting. “Rocco has developed an international network of contacts over a decade of FCPA compliance and investigative work. He is a recognized leader in the FCPA space, and we are excited for him to join our team.”

Mr. deGrasse joins FTI Consulting from The Claro Group, where he was Co-Chair of that firm’s Investigations, Regulatory Compliance and Monitoring practice. He has appeared before government regulators in both the investigative and compliance contexts and has worked with clients ranging in size from Fortune 10 to mid-market entities.

Prior to The Claro Group, Mr. deGrasse spent 15 years at KPMG LLP with his last role as a Principal in Advisory, Forensic-Investigations and as Lead FCPA Partner for The Americas. At KPMG, he focused on fraud and misconduct; regulatory internal audit, FCPA-related pre- and post-acquisition due diligence, and vendor due diligence. In 2004, he testified before the U.S. Senate regarding a KPMG investigation into potential terrorist financing related to the Sept. 11 attacks.

“Chicago is an attractive market for international forensic practices seeking to expand their footprint in the U.S. FTI Consulting stands out given its strong brand, international scope and depth of expertise across multiple industries and disciplines. There aren’t many forensic practices that offer that combination,” Mr. deGrasse said.

Mr. deGrasse is the most recent addition to FTI Consulting’s Global Risk and Investigations Practice, which is located in key financial centers around the world. In April, Michael Cullen joined the practice in Bogotá, Colombia, and specializes in complex, cross-border deals, disputes and arbitrations in Latin America.

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 5,500 employees located in 27 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.35 billion in revenues during fiscal year 2019. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc. 
555 12th Street NW 
Washington, DC 20004 
+1.202.312.9100

Investor Contact: 
Mollie Hawkes
+1.617.747.1791


Media Contact: 
Matthew Bashalany
+1.617.897.1545

FAQ

Who is Rocco deGrasse in relation to FTI Consulting (FCN)?

Rocco deGrasse has been appointed as Senior Managing Director and Midwest Leader in FTI Consulting's Global Risk and Investigations Practice.

What experience does Rocco deGrasse bring to FTI Consulting (FCN)?

He has over a decade of experience focusing on FCPA compliance, fraud investigations, and regulatory compliance.

What is FTI Consulting's revenue for fiscal year 2019?

FTI Consulting generated $2.35 billion in revenues during fiscal year 2019.

What are the primary services of FTI Consulting's Global Risk and Investigations Practice?

The practice focuses on corporate internal investigations, anti-bribery, foreign corruption risk assessments, and compliance initiatives.

How does FTI Consulting (FCN) plan to expand its market presence?

The firm aims to strengthen its forensic practice in Chicago, leveraging Rocco deGrasse's extensive network and experience.

FTI Consulting, Inc.

NYSE:FCN

FCN Rankings

FCN Latest News

FCN Stock Data

7.22B
35.42M
1.44%
97.77%
0.81%
Consulting Services
Services-management Consulting Services
Link
United States of America
WASHINGTON