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This station valuation and broadcast station economics expert has been working in the media and entertainment industry for over 40 years. He studied Radio and Television at Ithaca College prior to receiving his M.B.A. with a concentration in Finance from American University. He is a former Founding Partner of DES Associates, where he worked for nearly a decade providing appraisal and acquisition analysis to the broadcasting industry. During this time he concurrently served as an Associate Editor for Paul Kagan Association. He left DES to form ComCapital Group, an investment banking company that specialized in station acquisition financing, valuations, and related financial consulting. Currently, this expert is the President and Founding Partner of an investment banking company that provides appraisal services and specialized economic analysis for the TV and radio broadcasting industry. Over the course of his career, this expert has appraised over 4,000 broadcast TV and radio stations with aggregate values in excess of $50 billion. His scholarly articles on the topics of broadcast station valuation and finance have been featured in publications such as the "Journal of Broadcast Financial Management�, "Broadcasting", and "Broadcast Management & Engineering", while he has been recognized as a broadcast station valuation and economic expert by the Subcommittee on Telecommunications of the U.S. Congress. This expert has also been qualified as an expert in station valuation and broadcast station economics in proceedings before the U.S. Supreme Court and has prepared valuation and economic studies that were incorporated in proceedings before the Federal Communications Commission.
Founding Partner and President, Appraisal and Specialized Economic Analysis for TV and Radio Broadcasting Industry
Master of Business Administration (MBA), American University
Bainbridge Island,
California
This highly-qualified expert has nearly 30 years of experience in the consumer, retailing, technology, and healthcare industries in areas such as mergers and acquisitions, the valuation of public and private companies, stock option valuations, severance package valuations, and C-suite compensation. He received his BA in economics and political science from Claremont McKenna College before earning his MBA from Harvard Business School. He also earned a certified director certification from the UCLA Anderson School of Management. This expert has formerly served as the vice president of investment banking at Donaldson, Lufkin, & Jenrette and Wertheim Schroeder & Co, as the CFO of Bodega Latina Corporation, DDD Group, and Hypertension Diagnostics Inc. While working with Hypertension Diagnostics, he also served as the chairman and CEO. He has also been a board member for several companies, including HDi Plastics, HitFix, and Specialty Commodities. Currently, this expert serves as a board member for a retail technology company in Texas and a privately-owned drug retailer in Washington state.
Board Member, A privately-owned drug retailer in WA
Master of Business Administration (MBA), Harvard Business School
California
This highly qualified expert has been in the field finance and economics for over two decades, with demonstrated experience in valuation, assessment, discounted cash flow, economic and financial modeling, investment analysis, economic damage, earnings analysis, and risk assessment and analysis. He received his BA, in English literature and international relations from the University of California at Santa Barbara and then his PhD in applied economics from the University of Minnesota where he was both a MacArthur and Fulbright Fellow. He is the author of multiple papers and books, including “Inside the Global Economy: A Practical Guide”. He has worked in a variety of roles including as a consultant to both several countries, Alliance Equity Group LLC and Booz Allen Hamilton. He has also been the lead investor and CEO of Delta Welding and Fabrication. This expert currently runs a door and cabinet hardware design company he helped co-found and works with a private rare metals fabrication investor group in California, as well as serves as an instructor of global economics at a California university.
Investor, A private rare metals fabrication investor group in CA
Doctor of Philosophy (PhD), University of Minnesota
Santa Barbara,
California
This highly-qualified economics and finance expert has over 30 years of experience in his field and specializes in the topics of securities and class-action litigation, corporate finance and governance, and the valuation of public and private companies. He earned his MBA in finance and applied economics from the University of Rochester and his PhD in finance from the University of Washington. He is currently an executive board member of the National Association of Corporate Directors Colorado Chapter. He also stays active in his field as an author and presenter of his field and has been quoted in the Wall Street Journal, New York Times, and Economist. Formerly, he has held positions as an associate professor of finance at the University of Utah, a visiting associate professor of finance at the University of Chicago, and a visiting professor of economics at Princeton University. He currently serves as a provost professor of finance at a large university in Colorado.
Provost Professor, A University in CO
Doctor of Philosophy (PhD), University of Washington
Colorado
This expert has extensive experience in property insurance claims and construction disputes. He received his BA from Christendom College before starting a design-build construction company. After, he held positions as a senior claims adjuster at Cunningham Lindsey, the executive vice president of Clairvaux Institute, and the executive general adjuster at Solutia Adjusters. Currently, he is an executive consultant at an insurance claims consultancy in Colorado.
Executive Consultant, An Insurance Claims Consultancy
Bachelor of Arts (BA), Christendom College
Wheat Ridge,
Colorado
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What Can a Valuation Expert Witness Opine On?
Market Analysis
Assessing market conditions and trends.
Income Approach
Calculating value based on income generation.
Cost Approach
Estimating value based on replacement costs.
Sales Comparison
Comparing similar sales for valuation.
Appraisal Report
Documenting findings and valuation conclusion.
Due Diligence
Conducting thorough research and analysis.
FAQs for Valuation Expert Witnesses
What is a valuation expert witness?
A valuation expert witness is a financial professional who provides objective business or asset value opinions in legal cases. They assist by reviewing financial records, preparing valuation reports, testifying in court, and clarifying complex valuation issues.
What types of cases may require the expertise of a valuation expert witness?
Valuation expert witnesses handle business valuation, shareholder disputes, divorce, tax, bankruptcy, M&A, intellectual property, and commercial damages litigation cases.
How should I evaluate the credentials of a valuation expert witness?
Evaluate a valuation expert witness by reviewing their education, valuation certifications, industry experience, case testimony history, and adherence to recognized valuation standards.
How does a valuation expert witness support damages quantification?
A valuation expert witness supports damages quantification by objectively calculating economic loss using accepted valuation methods, financial data, and market evidence.
What materials does a valuation expert witness typically require for review?
A valuation expert witness typically requires financial statements, tax returns, contracts, ownership records, market data, and relevant legal or operational documents for review.
What is Expert Institute’s process for selecting valuation 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.