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How We’ve Delivered Outcomes That Matter

Case Studies

SERVICES PROVIDED:

Management Advisory, Corporate Communications, Litigation PR, Media Relations

Situation

This financial services company – with a notable brand among institutions and retail investors – was facing legal actions from individuals and government regulators, including the SEC. Silence in the media wasn’t working; critics were gaining the upper hand. News coverage was hurting morale at the firm, and clients were beginning to withdraw their money.

Problem

This organization’s reputation, and that of its charismatic CEO, were taking a brutal beating in the news media. If senior leaders didn’t act soon, key executives would depart, along with additional clients, and the damage to the core business was likely to be permanent.

Solutions & Results

Montieth & Company took action – both internally with staff and externally with key journalists – to make it clear what the company’s position was on the issues and to clarify the facts of the various cases – all within the boundaries of the legal strategy. It was vital for the client to show that it was taking all necessary steps to resolve the matters and also to vigorously defend itself against meritless claims. First, we determined how best to discuss the cases in public to advance prevailing in the litigation. Second, we engaged with reporters to make sure they understood the client’s position, to be certain that in every story on the subject the client’s voice would be heard. Third, we worked actively inside the company to help executives with the messaging they needed to discuss the issues with their clients and assure them that the problems were being resolved.

SERVICES PROVIDED:

Crisis Management, Litigation PR, Investor Relations, Media Relations

Situation

A hedge fund with a global investor base became embroiled in scandal when one of its founding partners was indicted on federal corruption charges. The fund’s offices were then raided by federal agents as part of a separate investigation, and it also found itself under investigation by multiple federal regulatory bodies. As a media storm erupted, redemptions poured in, and a liquidation process began. The hedge fund needed to mitigate damage being done in the media while more effectively communicating its position and plans with investors.

Problem

The hedge fund was being attacked from all sides, threatening its corporate reputation and the personal reputations of the general partners. The media coverage was also impacting business partner and counterparty relationships. A far more effective media management and investor communications system had to be built fast, and a new overarching narrative had to be communicated.

Solutions & Results

Montieth & Company’s two-pronged plan included communication with investors and business partners to calm the waters and show the way forward. We advised on scripts for investor calls and the content of letters.

Better management of the media was also crucial. The hedge fund had taken hundreds of positions over more than a decade, including many that were highly complex. To understand the questions reporters were asking and provide persuasive answers, we delved deeply into these positions. This allowed us to shape more evenhanded coverage and build investor understanding and trust.

SERVICES PROVIDED:

Media Relations, Litigation PR, Global Media Coordination

Situation

The cyber-hack and leaking of documents from the law firm Mossack Fonseca, more commonly known as the Panama Papers scandal, impacted global political leaders, corporations, celebrities, wealthy investors and family office investors worldwide. Our client had been in a long legal battle over an artwork by a renowned painter that had been looted by the Nazis during World War II. We were seeking recovery of that painting from one of the world’s largest private art dealers who had wrongfully purchased it at auction. The Panama Papers contained key information in helping our client recover the artwork and return it to its rightful owner.

Problem

Our first aim was to help the news media understand the complex story of how the art ended up in the hands of the private dealer and why he was legally required to return it to the descendant of its original owner. Second, we needed to coordinate coverage in multiple media markets throughout the world in a fast-moving news cycle.

Solutions & Results

Montieth & Company’s detailed, cross-border communications and media relations strategy and plan that made the narrative clear and compelling and supported our client’s legal arguments. We selectively targeted key national publications and top specialized outlets in the U.S., Canada, and Europe.

The client received wholly positive coverage in more than 50 top publications throughout the world including The Economist, Le Monde, The Guardian, Suddeutsche Zeitung, and The Wall Street Journal.

 

SERVICES PROVIDED:

Crisis Communications, Litigation PR, Media Relations

Situation

The Department of Justice launched a major investigation into insider trading (also referred to as insider dealing) across Wall Street. Ultimately, the number of prosecutions would be in the dozens. One of the first major cases involved a hedge fund manager who had obtained non-public, material information from a third party expert who was under contract advising a variety of companies. When the Department of Justice began its inquiry into this manager and his suspected trades, the manager denied any wrongdoing and also induced the third-party expert to do the same.

Problem

Montieth & Company advised on this and other insider trading investigations as they multiplied, including counseling the companies who provided the third-party experts. These clients had a variety of complex legal, regulatory, business and reputational challenges. The Department of Justice’s investigative resources were significant, and it deftly used the news media to shape coverage before, during, and after indictments and throughout the trial cycle. In other cases we advised on, employers sought to “claw back” compensation from the executives who were prosecuted and block deferred compensation, which led to civil litigation.

Solutions & Results

Montieth & Company’s first objective was to insert ourselves in the evolving news cycles being driven by the Department of Justice’s actions and media management. While the government was aggressively putting our clients on the defensive, we found new options for managing the media and shaping the narrative –in some cases keeping our clients entirely out of the news and under the media’s radar.

For more information on our Case Studies please contact hello@montiethco.com