Financial

  • Analyzing the financial impact related to a breach of fiduciary duty concerning an officer of a finance company.
  • Assisting a lender pursuing a deficiency against a bankrupt manufacturing company by serving as consulting experts regarding the valuation of the company immediately prior to breaches of fiduciary duties, fraud and the economic downturn and its value thereafter.
  • Conducting an evaluation for a bank’s board of director’s related to loan underwriting procedures and controls.
  • Evaluating fraudulent branch loan transactions and the adequacy of FIDICIA compliance related to reliance on a bank’s outsourcing of internal audit processes on branch operations.
  • Evaluating the fraudulent credit card billing related to “900” telephone services.
  • Calculating lost profits of a merchant bank in connection with fraudulent credit card charges.
  • Investigating allegations of misconduct by a rouge merchant bank employee accused of facilitating fraudulent credit card transactions.
  • Determining the financial impact to the bank with respect to a rogue banker concerning the sale of annuity products.
  • Analyzing activity of multi-level marketing companies accused of defrauding merchant banks.
  • Providing consulting expert services and trial support related to allegations surrounding the sale of Worldcom securities by a major investment firm.
  • Conducting an acquisition analysis related to a credit card billing, collection, and fraud prevention company.
  • Investigating the composition of loan portfolios sold in a mortgage servicing rights transaction between an originator and servicer.
  • Providing damages testimony regarding the patent infringement on the part of a major banking institution concerning the use of Debit Card Rounding Technology.
  • Providing trademark infringement damages testimony related to a major banking institution’s credit card.
  • Valuing mortgage servicing rights (MSRs) and calculating lost profits to mortgage loan servicer in connection with disputes between mortgage loan servicers and mortgage loan originators.
  • Analyzing mortgage loan servicer’s portfolio of mortgage backed securities, identifying scratch and dent and nonconforming loans.
  • Assessing the course of dealings between a mortgage warehouse lender and a mortgage broker in light of the broker’s fraudulent mortgage lending, misuse of warehouse funds and alleged Ponzi scheme.
  • Assisting a subsidiary of a large international bank with its loan and mezzanine investment underwriting of numerous underperforming companies.
  • Providing underwriting analyses on all proposed transactions in the southeast by a lending institution.
  • Providing expert testimony in numerous matters involving financial institution failures attributed, in part, to the contraction of the primary and secondary mortgage markets, and a downturn in the construction and real estate development industries requiring the study of the entire U.S. real estate market with particular focus on Alabama, Florida, Georgia, Louisiana, Mississippi and Texas.
  • Serving as consulting experts in the defense of a large national bank against a shareholder class action stemming from the credit and subsequent real estate crises with allegations including breach of fiduciary duty, fraud and violations of securities laws arising from acquisitions, goodwill, loan loss reserves and the related disclosures.
  • Evaluating issues of commonality and financial harm related to a class action against a major consumer finance company.
  • Testifying regarding the valuation of a publicly traded subject of an acquisition in a securities class action.
  • Tracing the sources and uses of cash and assessing the course of dealings between a lender and its borrower, who operated the largest Ponzi scheme in the world (at the time) spanning 20 years, defrauding thousands whose losses totaled more than $300 million.
  • Explaining the dichotomy between bank fraud and a Ponzi scheme, including the detrimental attributes of bank fraud on the Ponzi schemer’s ability to operate.
  • Evaluating the role of a broker-dealer in facilitating an international Ponzi scheme and determining individual investor gains and losses.
  • Providing expert testimony for a real estate lender in a matter alleging the activities, particularly including bank financing and the guarantee thereof, related to real estate development activity to be an unregistered investment contract under the ’33 and ’34 Acts.
  • Testifying on behalf of a hospital regarding the alleged impact on a municipality’s premature bond issuances in anticipation of certain economic developments that never materialized.
  • Analyzing the auction rate bond market on behalf of a national financial firm in a dispute stemming from the construction of a large biodiesel facility in Missouri.
  • Determining the role of a lending institution in the failure of convenience stores, including analyzing the debt service capacity of the entity prior to additional borrowing.