DUE DILIGENCE & BACKGROUNDS
Overview

Corporate reputation and good will, along with brand name equity, are earned over many years. These are among a company's most valuable and most delicate assets. In today's "mass media" environment, a single transaction or bad association can create frenzy for scandal, causing irreparable damage to a company's good name. Thorough corporate due diligence of potential partners, clients, and employees is necessary to reduce these risks and minimize exposure to protracted and harmful litigation. Due Diligence is the systematic and specific acquisition of information on an individual or corporation before they are engaged. Whether they are an agent or consultant, a supplier or a distributor, a partner or potential acquisition, Quest can gather the information and intelligence needed (appropriate authorization may be required). The following menu of checks can be customized to meet the due diligence needs of any company.

 

Intellectual Property Clearance, Acquisition, & Enforcement

Intellectual Property, i.e., trademarks, patents, copyrights, domain names, and trade secrets, gives organizations their competitive advantages. Infringement, dilution and piracy, or misadministration and theft erode the value of an organization's Intellectual Property and can result in consumer danger, loss of market share, and harm to a firm's reputation. Quest provides guidance on strategic issues concerning the protection and enforcement or the expansion of a company's Intellectual Property portfolio.

 

Asset Tracing

Conducted prior to major financial transactions, Quest's asset tracing services assist businesses in the process of M&A (mergers and acquisitions), joint ventures and investments. Asset tracing includes property ownership and value checks, identification of financial assets, location of physical assets, and search of corporate interests.

 

Consumer Credit Report

Conducted prior to major financial transactions, Quest's asset tracing services assist businesses in the process of M&A (mergers and acquisitions), joint ventures and investments. Asset tracing includes property ownership and value checks, identification of financial assets, location of physical assets, and search of corporate interests.

 

County and Statewide Criminal Records Search

Quest investigates county or available statewide criminal records to uncover felony and misdemeanor convictions. Examples of criminal records include theft, assault, robbery and drug possession.

 

Edgar Filings

A review of (SEC) Securities Exchange Commission filings may reveal securities or options holdings, company board memberships, and previous corporate affiliations.

 

Education Verification

Quest contacts institutions where degrees may have been attempted or received, and reports dates of attendance, major course of study, and other available information.

 

Employment Verification

Quest provides past employment verification including confirmation of employment dates, positions held, salary, and other information that may be available under the former employer's policy.

 

Federal Civil Records Search

These searches are performed through Federal District Court and generally involve disputes with considerations greater than $50,000, suits filed between parties residing in different states, or individuals in violation of Federal Law such as Title VII, the Americans with Disabilities Act or the Fair Labor Standards Act.

 

Federal Civil Records Search

This search is conducted through the Federal District Court and may include charges such as bank robbery, embezzlement, tax evasion, mail fraud, or crimes occurring across state lines.

 

Federal District Bankruptcy Records Search

These searches involve a review of U.S. District Bankruptcy Court records. Findings may include information from Chapters 7, 11 and 13 filings. Bankruptcy records may reveal asset and liability amounts, as well as additional debtors.

 

Financial Institutions Sanctions

This search includes formal sanctions against members of financial and health care services industries by federal and state regulatory agencies including the NASD, SEC, HUD, stock exchanges and other groups.

 

DMV (Department of Motor Vehicle) Check

Driving records may provide identifying information such as full name and physical description, dates of convictions, violations and accidents, sections violated, docket numbers, court locations, and accident report numbers.

 

National Law Enforcement Review

Research may determine if an individual is wanted by a local, state or federal agency in connection with a crime, for questioning, or as a possible witness, or if an individual has an outstanding warrant for arrest.

 

Newspaper Articles and Clippings

A review of major newspapers, news wires, magazines, trade journals, and other publications nationwide may determine if the subject has made headlines in business or personal dealings.

 

Pending State Court Suits and Recorded Judgments

This search provides records of civil suits filed by or against an individual. Quest provides a copy of the complaint and the final order, or, if a case is pending, a summary of the status of the suit.

 

Personal Profile and Electronic Research

This nationwide data repository offers information including corporate affiliations, UCC filings, current address and telephone numbers, liens, judgments and bankruptcies, property ownership and deed transfers, vehicle ownership (including aircraft and water-craft), and professional licenses.

 

Professional License and Credential Verification

Quest contacts the state or national licensing board or agency to verify a license type, license number, status, original issue date, and other available information.

 

Social Security Number Verification

This search may determine the following crucial information (a) whether the Social Security Number is validly issued; (b) the owner of the SSN; (c) year and state the SSN was issued; and (d) the current and other known or previous addresses associated with that SSN.

 

State / Federal Tax Liens

This search is performed at a county level to discover a claim on property or goods of an individual by governmental tax agencies, determining if there is a legal requirement to pay past tax obligations before other payments.

 

Internet Search

Quest also performs exhaustive Internet searches using the continually improving and updated search methods and search engines.