But Darktrace's financial statements have a lot to say. A New York-based investment business expressed that its sales, margins, and growth rates might be overstated. Moreover, Quintessential Capital Management put forward a short report which peeked into the firm's activity and said that it has "failed to provide a satisfactory explanation for most of the issues we raised." In its defense, Darktrace rejected all the allegations and even commissioned an acclaimed accountancy firm, Ernst & Young (EY) to proceed with an investigation. Now, Lynch and his lawyers are preparing for his trial in San Francisco.