27:
432:. The following business day - August 3, 2009 - Huron's shares dropped 69 percent to $ 13.69. The company had reported that shareholders of four Huron business acquisitions, acquired between 2005 and 2007, conditionally redistributed portions of their initial and future acquisition-related payments among themselves and to certain Huron employees without Huron's knowledge or permission. The issue was initially identified by the Chief Accounting Officer/Controller, Wayne Lipski.
1569:
420:(SEC) announced an investigation in Huron for a series of major accounting errors dating over several years. Six related shareholder class-action lawsuits were also filed against the company. On July 31, 2009, Huron announced that the company would restate its financial statements for 2006, 2007, 2008, and first quarter 2009. The chairman of the board and
312:
Huron is named after Huron Street in
Chicago. After successful meetings with investors in 2002 to secure funding to create a new consulting firm, founding CEO Gary Holdren spontaneously chose to name the firm after the street down which he was walking afterwards when he realized his new firm needed a
401:
In
February, 2016 Huron acquired MyRounding, a firm specializing in digital health products. In May, 2016, Huron acquired ADI Strategies, Inc., an enterprise performance management and business intelligence firm, while in July of that year Huron acquired Healthcare Services Management, Inc. (HSM), a
397:
systems; Cloud62, a firm specializing in complex
Salesforce.com implementations and related cloud-based applications Studer Group, a professional services firm that consults with healthcare providers on clinical outcomes and financial results;, and Sky Analytics, a Massachusetts-based provider of
448:
dispossessions as a model for how universities should operate, in the form of staff and faculty layoffs, program closures, salary reductions, and hiring freezes. Peter Stokes, Managing
Director of Huron’s Higher Education Practice, has argued that higher education institutions should align their
435:
In 2010, Huron reached a settlement in its shareholder lawsuits in return for a payment of $ 38m. On July 19, 2012, Huron announced it had reached a final settlement with the SEC resolving the previously disclosed SEC investigation into the
Company's August 2009 restatement of its financial
320:
relating to the initial public offering of its common stock. Huron
Consulting Group Inc., the holding company, became a public company trading common stock on the NASDAQ Global Select Market exchange under the ticker "HURN" in October 2004.
436:
statements for the years ended 2006, 2007 and 2008 and the first quarter of 2009. The
Company agreed to the settlement without admitting or denying the SEC's findings, but also agreed to pay a $ 1m civil fine.
388:
In 2015, Huron acquired a number of other companies: the India affiliate of
Rittman Mead Consulting Ltd., Rittman Mead India, a data and analytics consulting firm that specializes in the implementation of
916:
819:
355:, a supplier of software-based applications and professional services to academic medical centers and research institutions. Terms of the acquisition were not disclosed.
468:
stated that Huron had provided "ill-informed consulting and faulty data" which contributed to the institution's major budget shortfall, debt crisis, and program cuts.
1608:
1002:
841:
647:
428:
Gary Burge, and Chief
Accounting Officer Wayne Lipski all resigned. The company also announced that James H. Roth, a founder of the company, would be Huron's new
707:
1598:
661:
1613:
988:
892:
1603:
771:
686:
749:
1618:
1222:
417:
317:
1081:
626:
538:
1478:
1315:
1146:
362:
professional services. Under the terms of the agreement, Huron acquired the assets of Blue Stone for $ 30 million in cash.
845:
1593:
1545:
495:
1171:
179:
1380:
408:
In
January 2022, Huron acquired AIMDATA, LLC, a enterprise information data consulting firm who specialize in Boomi.
390:
366:
452:
Huron's austerity-based recommendations led to major layoffs and the termination of many non-STEM programs at the
1431:
77:
73:
1055:
517:
1390:
444:
Huron's role in higher education restructuring has attracted criticism. The company advocates for using post-
1124:
365:
Huron acquired three other companies in 2014: Threshold Consulting, Inc., a consulting firm that provides
1550:
1273:
457:
158:
1506:
1375:
580:
559:
1385:
1365:
1355:
1308:
465:
309:
in the wake of that firm's high-profile collapse. As of 2019, Huron had more than 3,700 employees.
940:
867:
728:
601:
1491:
648:"Huron Announces Fourth Quarter and Full Year 2022 Financial Results, and Provides 2023 Guidance"
453:
381:; Vonlay, LLC, a healthcare technology consulting firm; and The Frankel Group Associates LLC, a
1360:
405:
In January 2017, Huron acquired Pope Woodhead & Associates, a UK-based life sciences firm.
1196:
1486:
1340:
793:
374:
370:
270:
69:
1247:
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8:
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1301:
1103:
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359:
343:
Its revenue increased from just over $ 225 million in 2005 to $ 1,132,455,000 in 2022.
59:
1496:
1461:
1370:
1172:"SEC Charges Chicago-Based Consulting Firm and Executives With Accounting Violations"
982:
445:
55:
893:"FocalPoint Advises ADI Strategies in Sale to Huron Consulting - News | ABL Advisor"
1519:
963:
378:
286:
224:
964:
1441:
306:
358:
In September, 2013, Huron acquired Blue Stone International, LLC, a provider of
1456:
1426:
1248:"Meet Huron Consulting, the Corporate Firm Behind The New School Restructuring"
352:
37:
26:
1587:
968:
382:
329:
278:
85:
45:
337:
1395:
708:"Huron Boosts IT Consulting Offerings with Threshold Buy - Analyst Blog"
1436:
1324:
1003:"Huron Consulting Group (HURN) Acquires Pope Woodhead & Associates"
461:
274:
194:
81:
254:
772:"Huron Acquires Rittman Mead India to Boost Analytics - Analyst Blog"
394:
93:
1514:
302:
282:
126:
1197:"Corporate Consultants Set Their Targets on American Universities"
969:"Huron Consulting Group Acquires HSM Consulting: 5 Things to Know"
325:
298:
122:
89:
1274:"WVU faculty members vote no confidence in President Gordon Gee"
820:"Huron Consulting Group finalizes $ 325M deal with Studer Group"
333:
51:
1147:"Huron Consulting settles SEC charges over accounting scandal"
1082:"Huron Consulting to restate financial reports; shares tumble"
1350:
1293:
917:"Huron Consulting Group Closes Acquisition of ADI Strategies"
209:
139:
1524:
316:
In May 2004, Huron filed a registration statement with the
1027:
868:"Huron Consulting acquires digital health firm MyRounding"
1529:
687:"Huron Consulting to buy Blue Stone; adding 100 to staff"
429:
425:
421:
154:
1125:"Huron Drops on Restatement Plans, Chief's Resignation"
729:"Huron completes acquisition of health IT firm Vonlay"
411:
1028:"Huron Consulting Group (HURN) Acquires AIMDATA, LLC"
941:"Huron still buying, moves to acquire HSM consulting"
1104:"Huron CEO, CFO quit as restatements slash profits"
539:"275 Andersen employees resign to create own firm"
518:"275 Andersen employees resign to create own firm"
842:"Huron Consulting Group to acquire Sky Analytics"
1609:Management consulting firms of the United States
1585:
1056:"SEC investigating Huron over accounting errors"
662:"Huron Consulting Group Acquires Click Commerce"
965:http://pages/hit-consultant-llc/302199219847409
817:
402:healthcare information technology consultant.
398:legal software for corporate law departments.
1309:
839:
627:"HURON CONSULTING GROUP INC Income Statement"
1095:
1074:
987:: CS1 maint: numeric names: authors list (
750:"Huron Consulting to acquire Frankel Group"
1316:
1302:
1194:
1164:
1117:
496:"HURON CONSULTING GROUP INC Annual Report"
490:
488:
486:
484:
482:
480:
25:
1599:International management consulting firms
1174:. U.S. Securities and Exchange Commission
769:
700:
679:
515:
1190:
1188:
1050:
1048:
865:
791:
318:Securities and Exchange Commission (SEC)
742:
560:"Huron Consulting files for $ 100M IPO"
531:
477:
418:U.S. Securities and Exchange Commission
1614:American companies established in 2002
1586:
811:
763:
731:. Modern Healthcare. 15 September 2010
721:
439:
328:and it has 25 global locations across
1297:
1185:
1101:
1045:
654:
552:
1604:Consulting firms established in 2002
1271:
1195:Dhillon, Jaskiran; Arruzza, Cinzia.
305:, by a group of former employees of
1546:List of management consulting firms
1144:
833:
581:"Huron Consulting IPO takes flight"
412:Accounting violations investigation
16:American management consulting firm
13:
1220:
573:
449:curriculums with corporate needs.
297:Huron was founded in May 2002 in
14:
1630:
1381:Information technology consulting
516:Alexander, Delroy (22 May 2002).
391:enterprise performance management
1568:
1567:
666:Click Commerce acquisition added
367:customer relationship management
1619:2002 establishments in Illinois
1432:Certified management consultant
1265:
1240:
1214:
1138:
1020:
995:
957:
933:
909:
885:
859:
844:. InsideCounsel. Archived from
792:Monegain, Bernie (2015-09-14).
785:
346:
324:The firm’s headquarters are in
273:firm offering services to the
78:Business performance management
1323:
640:
619:
594:
541:. Chicago Tribune. 22 May 2002
509:
1:
1391:Risk and strategic consulting
1102:Singh, Sweta (31 July 2009).
818:Emily Rappleye (2015-02-13).
471:
464:in 2022. In 2023, faculty at
866:Kutscher, Ben (2016-02-04).
840:Chris DiMarco (2015-01-08).
606:www.huronconsultinggroup.com
255:www.huronconsultinggroup.com
7:
1551:List of IT consulting firms
921:myemail.constantcontact.com
874:. Crain Communications, Inc
458:University of New Hampshire
106:; 22 years ago
20:Huron Consulting Group Inc.
10:
1635:
1594:Companies based in Chicago
822:. Becker's Hospital Review
794:"Huron to acquire Cloud62"
752:. Chicago Business Journal
689:. Chicago Business Journal
292:
1563:
1538:
1505:
1477:
1470:
1404:
1376:Human resource consulting
1331:
562:. Boston Business Journal
250:
237:
222:
207:
192:
177:
166:
145:
133:
118:
100:
65:
43:
33:
24:
1386:Public sector consulting
1366:Environmental consulting
1356:Biotechnology consulting
770:Zacks.com (2015-07-07).
466:West Virginia University
369:consulting, cloud-based
351:In 2010, Huron acquired
1492:Boston Consulting Group
454:University of Wisconsin
1487:McKinsey & Company
1361:Engineering consulting
263:Huron Consulting Group
60:Russell 2000 Component
1341:Management consulting
375:business intelligence
371:software as a service
271:management consulting
70:Management consulting
1452:Fixed-price contract
710:. NASDAQ. 2014-10-06
650:. February 28, 2023.
265:, commonly known as
1422:Business networking
1417:Business consultant
1272:Schwartz, Natalie.
1252:The New School AAUP
1145:Stempel, Jonathan.
1060:The Chicago Tribune
602:"Locations - Huron"
498:. HURON. 2019-12-31
440:Other controversies
239:Number of employees
21:
1497:Bain & Company
1412:Accounting network
1346:Assurance services
897:www.abladvisor.com
360:Oracle Corporation
19:
1581:
1580:
1559:
1558:
1520:Ernst & Young
1462:Shareholder value
1447:Strategy+Business
1371:Financial adviser
1007:StreetInsider.com
945:Modern Healthcare
872:Modern Healthcare
798:HealthcareIT News
460:in 2019, and the
446:Hurricane Katrina
385:consulting firm.
260:
259:
74:Business advisory
1626:
1571:
1570:
1475:
1474:
1318:
1311:
1304:
1295:
1294:
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1284:
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1262:
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1258:
1244:
1238:
1237:
1235:
1233:
1227:Inside Higher Ed
1218:
1212:
1211:
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1207:
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1183:
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1062:. 12 August 2009
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1024:
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507:
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503:
492:
379:data warehousing
287:higher education
246:
233:
230:$ 540.6 million
227:
218:
212:
203:
188:
180:Operating income
173:
170:$ 795.1 million
162:
114:
112:
107:
29:
22:
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1629:
1628:
1627:
1625:
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1442:Consulting firm
1400:
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1282:
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1254:
1246:
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1229:
1221:Stokes, Peter.
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1177:
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1155:
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307:Arthur Andersen
295:
244:
240:
231:
223:
216:
215:$ 1.05 billion
208:
201:
200:$ 13.6 million
197:
186:
185:$ 52.1 million
182:
171:
152:
148:
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129:, United States
110:
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1459:
1457:MECE principle
1454:
1449:
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1429:
1427:Case interview
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1278:Higher Ed Dive
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967:(2016-07-27).
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470:
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424:Gary Holdren,
413:
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373:applications,
353:Click Commerce
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1251:
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1226:
1223:"Job Trends"
1216:
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1200:
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1150:
1140:
1129:. Retrieved
1119:
1108:. Retrieved
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