LECG Continues Decline, Samek Resigns

Devon, Pa.-based LECG Corp. announced a major reshuffling, including the resignation of chief executive officer and president Steve Samek. Samek became CEO of LECG in 2010 when it merged in Smart Business Advisory & Consulting, for which he was the CEO. Samek was chief executive of UHY Advisors from 2006 to 2008. Samek also resigned his board membership at LECG, as did Christopher Gaffney and executive vice president and chief financial officer Warren Barratt. Bruce Rogoff, president of restructuring firm The Staten Island Group, has been appointed the new CEO, president and sole director of the board of LECG. The firm ran into financial difficulties and has been struggling to repay a credit facility. It recently sold or announced its intention to sell a number of practice areas to different accounting and consulting firms, including Grant Thornton, WeiserMazars and FTI Consulting.