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This expert focuses on accounting, forensic accounting, financial analysis, financial forensics, economic damages, business valuation and investigations. He has experience in lost profits/earnings, business interruption claims, analysis of financial transactions and balances, Court-ordered accounting, bankruptcy, fraud examinations, investigations and the reconstruction of incomplete, misstated and/or falsified financial information. This expert provides consulting and litigation support services to trial lawyers, trustees, examiners, receivers, business owners and managers and units of federal, state and local government. Many engagements combine financial analysis, economic damages determination, valuation issues, tracing procedures and/or other applications of financial forensics to assist in resolving complex commercial litigation and business disputes. He has more than 35 years of experience in accounting, financial analysis, financial forensics, business economics, fraud examinations and investigations in diverse engagements and numerous industries, including more than 15 years of experience in economic damages and business valuations. He has participated in public hearings and alternative dispute resolutions, submitted expert reports in several jurisdictions and testified in arbitration, regulatory proceedings and State, Federal and Bankruptcy Courts.
Managing Member, A private accounting firm in Midwest
Bachelor of Arts (BA), Witwatersrand University
Chicago,
Illinois
This highly qualified expert has provided valuation and corporate finance consulting services since 1987. He is a Chartered Financial Analyst (CFA) and he is a member of several prestigious associations including the Healthcare Financial Management Association and the American Society of Appraisers. He previously worked as the Senior Managing Director of American Appraisal Associates Inc where he was the Chair of Healthcare Industry Practice. Currently, this expert works as Managing Director in a global consulting firm in Illinois. He specializes in the valuation of a wide variety of businesses and business interests, fairness and solvency opinions, consulting with corporations with respect to corporate finance issues, and estimating economic damages. He has provided opinions of value, fairness, and solvency for many purposes such as acquisitions, divestitures, business and strategic plan reviews, business unit performance measurement, SEC filings, US GAAP and other financial reporting requirements, US federal, state, and non-US tax reporting requirements, regulatory compliance, various dispute resolution and litigation procedures and general advisory purposes. This expert has worked with clients across a wide variety of industries such as business and consumer services, construction, engineering and real estate development, construction materials, banking, financial institutions and insurance, healthcare services and managed care.
Managing Director, A Valuation Services Firm
Master of Business Administration (MBA), DePaul University
Chicago,
Illinois
This expert has over 25 years of experience in forensic accounting, focusing on the measurement of economic damages and litigation support. He received a BS in Business Administration and Accounting at Roosevelt University and is an active, certified Public Accountant, Global Management Accountant, Financial Forensic Specialist, and Fraud Examiner. This expert has experience across numerous industries including agriculture, construction, manufacturing, and healthcare. He has participated in numerous seminars involving the measurement of economic damages to the legal profession, insurance industry personnel, and the private sector. He has utilized his expertise in numerous legal proceeding including a matter in which he was hired to quantify damages in a product liability matter involving agricultural growing materials purchased by a cooperative of farmers. Such experience has made him proficient in the commercial agricultural operations, agricultural cooperatives, and other farm services. He is currently a Partner at an international forensic accounting firm.
Partner, An International Forensic Accounting Firm in IL
Bachelor of Science (BS), Roosevelt University
Chicago,
Illinois
This expert earned his BS in Economics from the University of Pennsylvania and is certified as a Public Accountant, Fraud Examiner, Valuation Analyst, and as an Associate in Insurance Accounting and Finance. He is also active in his field as a member of the Ohio Society of Certified Public Accountants, the Association of Certified Fraud Examiners, and the National Association of Certified Valuation Analysts. In addition, he has held a number of positions as an Accountant and Chief Financial Officer at several companies. Currently, he is the owner of an advanced accounting services firm focused on serving the smaller businesses.
Owner, An advanced accounting services firm in OH
Bachelor of Science (BS), University of Pennsylvania
Cleveland,
Ohio
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What Can a Damages Expert Witness Opine On?
Quantification of Economic Damages
Calculating financial losses from an incident.
Assessment of Property Damage
Evaluating physical damage to property.
Loss of Earnings Analysis
Estimating lost income due to injury.
Medical Expense Calculation
Determining healthcare costs from an event.
Emotional Distress Evaluation
Assessing psychological impact of incidents.
Rehabilitation Cost Estimation
Projecting future rehabilitation expenses.
FAQs for Damages Expert Witnesses
What is the role of a damages expert witness?
A damages expert witness is a financial professional who analyzes and quantifies economic loss in legal cases. They assist by reviewing records, preparing reports, testifying in court, and clarifying complex damages issues.
What case types can a damages expert witness assist with?
A damages expert witness assists with personal injury, wrongful death, medical malpractice, commercial litigation, IP disputes, employment claims, and business valuation cases.
How do you evaluate a damages expert witness’s qualifications?
You evaluate a damages expert witness’s qualifications by reviewing their education, professional licenses, case experience, publications, and prior testimony on financial damages.
How does a damages expert witness construct a defensible valuation?
A damages expert witness constructs a defensible valuation by using accepted financial methods, reliable data, clear assumptions, and detailed documentation that withstands legal scrutiny.
What methodologies does a damages expert witness typically employ?
A damages expert witness typically employs financial modeling, discounted cash flow, market analysis, and comparable transactions to quantify and support claimed economic damages.
What is Expert Institute’s process for selecting damages expert witnesses?
Expert Institute delivers a tailored approach to connect you with top-tier experts. We identify actively practicing professionals who meet your exact criteria for specialty, experience, litigation background, fee structure, credentials, location, and more.