Damage Calculations Expert Witnesses
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Damage calculations expert witness candidates typically have an advanced degree with expertise in forensic accounting, business valuation, and/or economic damage analysis. In a high-profile case, or litigation involving a significant financial stake, the lead attorney may request a professional with prior expert testimony experience. While many experts have damages calculation expertise, an expert witness carries the additional responsibility of providing testimony before the court in a manner whereby a jury and judge can understand the situation and evidence.
An economic damage award attempts to measure, financially, the extent of harm a plaintiff has suffered. There are three main categories of economic damages:
- Compensatory Damages – This is intended to restore what a plaintiff has lost as a result of a defendant’s wrongful conduct. Compensatory damages compensate for financial damage due to loss, injury, or harm suffered.
- Nominal Damages – A nominal damage is awarded to the plaintiff in a dispute who establishes that there was suffering due to the wrongful conduct of a defendant, but cannot provide a proof of a loss that can be compensated.
- Punitive Damages – Punitive damages are awarded not as compensation, but to “punish” the wrongdoer and to act as a deterrent to others who might engage in similar conduct. Punitive damages may be awarded in addition to compensatory damages.
Cahn Litigation Services is often called upon to identify a financial expert, including those with specialized knowledge in damages calculation. Matters that Cahn Litigation Services has identified experts for include:
- Commercial litigation (e.g., contract disputes, business interruption, lost earnings)
- Intellectual property matters (e.g., patent infringement, trade secret theft, trademark, copyright, FRAND)
- Product liability
- Business valuation
- Personal injury
- Antitrust
- Employment (e.g., wrongful termination)
- Fraud
- Wrongful death
- Property damage
Litigation support services by a damages expert could include lost profits calculations, reasonable royalty calculations, business valuation, damage analysis, expert opinion, depositions, and/or trial testimony. In addition, law firm clients may seek a damages expert for pre-litigation consulting work.
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Damage Calculations Expert Witness - Representative Bios
Please Note: All Cahn Litigation expert witness searches are customized to attorneys' precise specifications and preferences. Attorneys are encouraged to discuss search parameters with a Cahn search specialist.
The below expert witness bios represent a small fraction of those Damage Calculations experts known by Cahn Litigation Services. These bios are provided to give lawyers a sense of the Damage Calculations landscape.
Expert Witness #263905
This expert serves as Senior Manager and leads the Forensic Investigation group of a highly successful, International consultancy. This expert brings to the table many years of experience, with expertise in economic damage analysis and quantification, and other financial issues, including damage quantifications and analyses, fraud and forensic accounting investigations, forensic accounting analyses, and ethics and compliance reviews. This expert’s case experience encompasses a broad array of industries including automotive, aviation, biotechnology, cellular, chemicals, consumer products, energy, financial securities, healthcare, HVAC, information technology, internet, medical products, military, network security, online learning, optical, pharmaceuticals, semiconductors, sporting goods, supercomputers, and telecommunications.
This expert previously spent years with an Internal Audit Investigations team at a Fortune 500 manufacturing company, handling damage calculations and recoveries from fraudulent billing schemes, employee misconduct investigations, and highly sensitive senior/executive level employee investigations. This expert’s prior experience also includes positions at large international companies in the life sciences and financial services sectors, providing internal investigation, internal audit, and financial reporting control services. This expert’s experience includes discovery, deposition and trial assistance, calculation of economic damages, forensic accounting analyses in litigation and non-litigation matters, as well as other dispute forums, and advising clients related to internal fraud preventative and detective controls.
Start Damage Calculations Expert SearchExpert Witness #253370
This expert is the Practice Leader for the firm's Investigative Services Group and brings to the table many years of experience performing forensic work. This expert has assisted clients in a range of litigation assignments and assisted counsel in discovery matters by providing damage-related document requests, interrogatories, affidavits and potential deposition questions. This expert has testified at trial regarding economic damage calculations and forensic accounting findings. Litigation areas served include Excess Wage Loss, Business Income Loss, Fraud and Forensic Accounting Matters, and Business of Fiduciary Duty.
Start Damage Calculations Expert SearchExpert Witness #259991
This expert leads a national consulting practice. This expert specializes in a wide array of real estate and mortgage specialties, including bank fraud, mortgage origination, underwriting, and sub-prime/stated income fraud analysis. This expert provides litigation consulting and expert witness services, as well as financial research and damage calculations.
This expert’s firm has been retained in over 500 civil and criminal cases, and worked with clients as varied as banks, insurance companies, state government agencies and escrow companies. Two cases concerned FHA brokerage operations. Some of the services this expert provides include:
Litigation Consulting in Civil & Criminal Cases
Mortgage Document Review and Analysis
Evaluation of Bank Underwriting Practices
Evaluation of FHA/VA Underwriting Practices
Lenders' Standards of Care & Due Diligence
Predatory Lending Abuses
Mortgage Broker Malpractice
Real Estate Broker Standards and Practices
Title Issues (title chain, zoning) and Interpretation
Escrow and Title Procedures & Closing Practices
Real Estate-Related Economic Damages
Short Sale Fraud & Wrongful Foreclosure Actions
Lenders' Misconduct in Processing Loan Modifications
Dual-tracking: Loan Modification Concurrent with Foreclosure
Start Damage Calculations Expert SearchExpert Witness #250388
This expert has many years of experience in economic instruction, research and analysis, and litigation support. This expert has taught courses in economics, statistics, econometrics and finance at five colleges and universities, currently as at the School of Business and Economics at a well-known University. This expert has served as an economic expert in over 100 cases. As Senior Vice President of an economics consulting firm, this expert's practice focuses on economic analysis and expert testimony regarding intellectual property, competition, class certification, statistical analysis, and damage quantification. Examples of this expert's work include estimation of lost profits and reasonable royalty in patent infringement matters (including FRAND royalty rates); analysis of relevant markets and lost profits in antitrust cases; statistical and econometric analysis in labor and commercial disputes, and valuation of intellectual property. This expert has testified over 75 times in deposition, and more than 25 times in trial, the majority of that testimony in the area of patent damages or other areas of IP. This expert has extensive experience with reasonable royalty calculations, in many product areas including electronics, manufacturing, clothing, agriculture, and consumer Products. This expert has worked fairly evenly for both plaintiff and defendants. This expert holds B.A., M.A., and Ph.D. degrees in Economics.
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