Portfolio Manager Accuses Wealth Management Firm Of Defamation

ByVictoria Negron

Updated on

Case Overview

This case involves a defamation claim levied against a senior employee in the wealth management firm. The plaintiff stockbroker claimed his superior made false and improper statements regarding his capacity to manage his clients’ portfolios. In turn, these claims affected the stock broker’s employment ability after he left the firm and his earnings have significantly declined. The plaintiff claimed that this alleged libel both financially and emotionally harmed him, as his professional credibility was dismantled. A forensic economist was sought to discuss the earning capacity of the plaintiff moving forward and the valuation of his emotional distress based off of a psychiatric evaluation.

Questions to the Economist expert and their responses

Q1

What is your experience calculating loss of earnings for potential defamation victims?

I believe I am a good fit as far as valuing the claimant's potential loss of past and future wages and earning capacity, as well as evaluating the present day cost of future medical and psychiatric care that may be outlined by the medical expert. I have calculated loss of earnings and/or future income in many cases over the last 12 years including personal injury matters, medical malpractice matters, wrongful death, and the like. I have worked on several cases involving victims of alleged defamation/slander/libel. I have reviewed a claim of lost earnings and profits for the sole proprietor of an insurance agency, who alleged libel as a result of an email passed among agency clients that allegedly accused him of poor business practices.

Q2

How would you calculate the dollar value of emotional distress after you've been provided a full psychiatric breakdown?

I can calculate the present value cost of future medical and psychiatric care the plaintiff will require provided that the current cost, frequency, and duration for each modality of care is identified by the medical expert or life care planner. However, valuing 'emotional distress' itself is, in my experience, a non-economic or 'pain and suffering' issue.

About the expert

This expert has nearly 20 years of experience in the valuation of economic damages, specializing in wrongful death, personal injury, medical malpractice, employment discrimination, wrongful termination, marital dissolution, and commercial damage claims. She obtained her BA in international economics from the University of Florida, before receiving both her MA and PhD in business economics from the University of South Florida. Today, she is an active member of several professional organizations, including the American Economic Association, the International Health Economics Association, and the National Association of Forensic Economists. This expert previously served as a research assistant at Research & Planning Consultants, Inc. and as a teaching assistant of economics at the University of South Florida. Currently, she serves as a forensic economist at a prominent economic consulting firm in Florida.

Expert headshot

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About the author

Victoria Negron

Victoria Negron

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.

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