Anwar et al v. Fairfield Greenwich Limited et al

Filing 787

DECLARATION of Savvas A. Foukas in Opposition re: #775 FIRST MOTION to Certify Class.. Document filed by PricewaterhouseCoopers Accountants Netherlands N.V., Pricewaterhousecoopers L.L.P.. (Attachments: #1 Exhibit A, #2 Exhibit B, #3 Exhibit C, #4 Exhibit D, #5 Exhibit E, #6 Exhibit F, #7 Exhibit G, #8 Exhibit H, #9 Exhibit I, #10 Exhibit J, #11 Exhibit K, #12 Exhibit L, #13 Exhibit M, #14 Exhibit N, #15 Exhibit O, #16 Exhibit P, #17 Exhibit Q, #18 Certificate of Service)(Maguire, William)

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Exhibit F Page 1 1 2 UNITED STATES DISTRICT COURT 3 SOUTHERN DISTRICT OF NEW YORK ------------------------------------x 4 PASHA S. ANWAR, et al., 5 Plaintiffs, Civil Action No. 6 7 vs. 09-CV-0118(VM) FAIRFIELD GREENWICH LIMITED, et al., 8 Defendants. ------------------------------------x 9 10 VIDEOTAPED DEPOSITION OF NICHOLAS HATGIS 11 New York, New York 12 June 23, 2011 13 14 15 16 17 18 19 20 21 22 23 Reported by: 24 KATHY S. KLEPFER, RMR, RPR, CRR, CLR 25 JOB NO. 39619 TSG Reporting - Worldwide 877-702-9580 Page 186 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 N. Hatgis questions. EXAMINATION BY MS. CRAWFORD: Q. Good afternoon, Mr. Hatgis. A. Good afternoon. Q. My name is Amy Crawford and I'm from the law firm of Kirkland & Ellis and we represent PricewaterhouseCoopers (Canada), okay? Have you ever heard of PricewaterhouseCoopers (Canada)? A. No. Q. Or PricewaterhouseCoopers? A. Pricewaterhouse I have heard, but not the Canada entity. Q. Have -- are you aware of PricewaterhouseCoopers' involvement with Fairfield Greenwich? A. No. Q. Do you know who audited the Greenwich Sentry Partners fund? A. No. Q. Did you ever receive any documents from PricewaterhouseCoopers in connection with the investment in Greenwich Sentry Partners? TSG Reporting - Worldwide 877-702-9580 Page 187 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Page 188 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 N. Hatgis MR. VICKERY: Objection to form again. A. No. Q. Go ahead. A. Huh? Q. Go ahead. A. Say it again. Q. Am I correct that nothing from PricewaterhouseCoopers factored into the family decision to invest in Greenwich Sentry Partners? A. Correct. MR. VICKERY: Objection to form. Q. And am I correct that nothing that PricewaterhouseCoopers did or said influenced the family decision to retain the investment in Greenwich Sentry Partners? MR. VICKERY: Objection to form. A. Nothing. Q. Were you not aware that PricewaterhouseCoopers is a defendant in this lawsuit? A. When? When was I aware? Q. Did you know that PricewaterhouseCoopers (Canada) is a defendant in this lawsuit? TSG Reporting - Worldwide 877-702-9580 N. Hatgis A. No. Q. Before or after the investment? A. I don't recall. Q. Did you ever have any contact with anyone from PricewaterhouseCoopers? A. No. I was spending a lot of time in Europe. Q. Did you ever receive an audit report from PricewaterhouseCoopers? A. No. Q. And am I correct, then, that nothing from PricewaterhouseCoopers factored into the family decision to invest in Greenwich Sentry Partners? MR. VICKERY: Objection to form. THE WITNESS: So what do I say? BY MS. CRAWFORD: Q. You can answer the question? MR. VICKERY: You can answer it if you understand it. A. Can you repeat it again? Q. Am I correct that nothing from PricewaterhouseCoopers factored into the family decision to invest in Greenwich Sentry Partners? TSG Reporting - Worldwide 877-702-9580 Page 189 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 N. Hatgis A. No. Q. Are you aware of any basis for claims asserted against PricewaterhouseCoopers (Canada) in this lawsuit? A. No. MR. VICKERY: Objection to form. MS. CRAWFORD: No further questions. EXAMINATION BY MS. PIERCE: Q. Mr. Hatgis, my name is Betsy Pierce and I'm with the firm of Hughes Hubbard & Reed. We represent PricewaterhouseCoopers (Netherlands). I'm going to ask you very similar questions to the questions you were just asked about from counsel for PricewaterhouseCoopers (Canada), but I want to make sure that you know that I'm speaking about PricewaterhouseCoopers (Netherlands). A. Uh-huh. Q. Are you aware that PricewaterhouseCoopers (Netherlands) is a defendant in this litigation? A. I'm not aware of it. Q. Do you have any understanding of the TSG Reporting - Worldwide 877-702-9580 48 (Pages 186 to 189) Page 190 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 N. Hatgis relationship between PricewaterhouseCoopers (Netherlands) and the Fairfield Greenwich Group? A. No. Q. Before your daughter's investment in Greenwich Sentry Partners, did you contact anyone from PricewaterhouseCoopers (Netherlands) -A. No. Q. -- regarding Fairfield Greenwich Group? A. No. MR. VICKERY: Okay. Wait until the question is complete, okay, before. Q. Before your daughter's investment, were you contacted by anyone from PricewaterhouseCoopers (Netherlands) with respect to Fairfield Greenwich Group? A. No. Q. Have you ever received any documents from PricewaterhouseCoopers (Netherlands) with respect to Fairfield Greenwich Group? A. No. Q. Have you ever received any documents from PricewaterhouseCoopers (Netherlands) with TSG Reporting - Worldwide 877-702-9580 Page 191 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 N. Hatgis respect to Greenwich Sentry Partners, the fund that your daughter invested in? A. No. Q. I believe that you testified earlier that you did not receive any documents related to your daughter's investment in Pricewaterhouse -- or, excuse me, your daughter's investment in Greenwich Sentry Partners. Would you agree with that? A. Would you repeat that again? Q. I'll rephrase it. I believe that some of your earlier testimony today was that, with respect to your daughter's investment in Greenwich Sentry Partners, you did not receive or you do not recall receiving any documents relating to her investment? MR. VICKERY: Objection to form. Q. Is that correct? A. Yes. Q. And that would include both before your daughter's investment in Greenwich Sentry Partners and after your daughter's investment in Greenwich Sentry Partners? MR. VICKERY: Objection to form. TSG Reporting - Worldwide 877-702-9580 Page 192 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 N. Hatgis A. I don't recall, but whatever you say. MS. PIERCE: I think those are all the questions I have for you, sir. Thank you. THE VIDEOGRAPHER: The time is 3:46 P.M. We're going off the record. oOo ____________________ NICHOLAS HATGIS Subscribed and sworn to before me this day of 2011. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 N. Hatgis CERTIFICATE STATE OF NEW YORK ) : ss COUNTY OF NEW YORK) I, Kathy S. Klepfer, a Registered Merit Reporter and Notary Public within and for the State of New York, do hereby certify: That NICHOLAS HATGIS, the witness whose deposition is herein before set forth, was duly sworn by me and that such deposition is a true record of the testimony given by such witness. I further certify that I am not related to any of the parties to this action by blood or marriage and that I am in no way interested in the outcome of this matter. In witness whereof, I have hereunto set my hand this 29th day of June, 2011. ------------------------------KATHY S. KLEPFER, RPR, RMR, CRR, CLR 23 24 25 _______________________ 25 TSG Reporting - Worldwide Page 193 877-702-9580 TSG Reporting - Worldwide 877-702-9580 49 (Pages 190 to 193)

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