| Litigation Support
Stonefield Josephson’s professionals assist attorneys, business
leaders, business owners, and government agencies with a wide range
of litigation support services. Our staff consists of CPAs, MBAs,
CFEs, CIRAs, CVAs, ABVs, financial analysts and lawyers with extensive
litigation support experience in a variety of industries.
We provide financial insight and clarity during all stages of a
business dispute, from case theory development and discovery to
expert witness testimony. Whether in support of a trial, mediation,
or arbitration, we provide our clients with:
- Review and critique of opposing expert opinions and reports
- Consultation with counsel on discovery, depositions and trial
preparation
- Clear and persuasive communication of findings through reports,
exhibits and expert witness testimony
Focus areas:
- Accounting malpractice
- Arbitration and mediation
- Bankruptcy proceedings
- Business dissolutions
- Business interruption
- Civil litigation
- Condemnation
- Construction disputes
- Contractual disputes
- Corporate reorganizations
- Criminal litigation
- Damage estimates
- Discovery
- Due diligence services
- Expert witness testimony
- Financial investigations
- Fraud and mismanagement
- Real estate disputes
- Stockholder disputes
- Unfair competition
- Unjust enrichment
- Wrongful terminations
Representative engagements:
- Provided litigation advisory, investigation and expert witness
services relative to punitive damages phase of multi-million dollar
real estate development breach of fiduciary duty litigation. Engagement
required detailed analysis of the defendants' business and personal
records, preparation of schedules of assets, liabilities, income
and net worth for trial testimony, consultation with counsel relative
to disputed discovery requests and opposing expert's deposition,
and expert witness testimony at trial.
- Engaged to provide litigation advisory services relative to
a breach of contract lawsuit involving the manufacture of Styrofoam
containers for national distribution to restaurants. Provided
lost profits calculations, analyzed opposing expert's report and
assisted in opposing expert witness deposition.
- Advised major advertising agency on restructuring time-keeping
practices, accounting, and billing systems. Quantified damages
incurred by the government due to company's billing errors. Prepared
attorneys for discussions with defense contract audit agency,
Navy, Department of Justice, and SEC. Trained client's employees
to implement internal financial procedures in compliance with
government regulations.
- Business valuation and damage analysis allegedly suffered by
a transportation company resulting from the cancellation of a
multi-year transportation contract by a Fortune 100 pharmaceutical
company. Engagement entailed calculation of valuation of the business
immediately prior to the contract cancellation and the valuation
of the business after the contract cancellation in the determination
of the diminution of value to the enterprise and the related damages.
Engagement entailed analysis of contracts, financial statements,
issuance of valuation opinions and deposition and trial testimony.
- Valuation analysis of damages allegedly caused by a wireless
carrier as a result of their alleged unfair pricing interference
with a retail cellular reseller. Alleged damages exceeded $1 billion
and involved analyses of multiple wireless companies during the
damage period. Analysis included review of business valuation
and economic damages calculated, financial statements of wireless
companies, financial statements of reseller and numerous studies
performed by marketing and economic experts.
- Valuation of multiple construction, real estate development,
excavation and related entities in connection with a shareholder
dispute. Engagement consisted of valuing each entity and advising
the client of the tax consequences associated with the division
of the entities among the shareholders and advisory services in
connection with the ultimate structuring of the division of the
related properties on a tax efficient basis.
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