RSP Architects Risk Report

⚖️ Legal & Regulatory

RSP Architects is facing a significant legal issue that may impact its reputation and finances. In late 2024, the firm was confronted with several news reports regarding a whistleblower lawsuit alleging the wrongful termination of an employee who exposed financial mismanagement. The whistleblower claims that they were retaliated against after discovering millions of dollars missing, raising concerns about the company's internal controls and governance.

• RSP Architects was hit with a whistleblower lawsuit alleging missing millions and retaliation on 🗓 October 9, 2024.
• A former architect principal filed a whistleblower suit alleging financial mismanagement on 🗓 December 2, 2024.
• Reports from multiple sources, including Archinect and The Business Journals, highlighted the lawsuit and its allegations on 🗓 October 9, 2024.

🏅 Awards & Recognition

Despite legal troubles, RSP Architects has achieved notable success in terms of recognition, reflecting its strong presence in the architectural industry. The company received several awards and acknowledgments recently, which are a testament to its high standing and capability in the field.

• RSP Architects received the Design Award at the SIA Architectural Design Awards on 🗓 December 25, 2023.
• RSP Architects was listed in the "Top 200 Office Building Architecture Firms for 2024" in the BD+C Giants 400 report on 🗓 December 9, 2024.
• RSP Architects was celebrated in Singapore Business Review’s “Most Notable Architects Under 40” list on 🗓 September 23, 2024.