While the Board believes Temenos is running a sound business with robust financial controls, the Special Committee will oversee the previously announced examination of the allegations raised in the report published by
To assist in the examination, the Board has retained the services of Alvarez & Marsal, a leading global professional services firm, with expertise in forensic accounting and investigations, Schellenberg Wittmer as Swiss counsel and Sullivan & Cromwell as US counsel.
'Trust in our business for all stakeholders is paramount and it is our fiduciary duty to provide a thorough robust examination of all allegations raised. We have therefore appointed leading independent third parties to assist us.'
Investor & Media Contacts
Head of Investor Relations, Temenos
+44 207 423 3945
asnyder@temenos.com
Press and media enquiries
+44 7920 087 914 | +41 43 244 81 40
conor.mcclafferty@fgsglobal.com | meier-pfister@irf-reputation.ch
(C) 2024 Electronic News Publishing, source