Our team worked with counsel representing a value reseller of precision instruments against a defendant accused of violating various fiduciary duties pursuant to a limited liability operating agreement. After a week-long trial, the jury awarded our client approximately $3M on the breach of
fiduciary duty claim, including compensatory damages, punitive damages, and attorney’s fees. Of particular note, the compensatory damages closely mirrored that of our expert report. The punitive damages were not subject to the state of Georgia’s statutory cap because the jury found that the defendant acted with specific intent to harm the plaintiff.
J.S. Held was retained by counsel for the plaintiff to assess whether economic damages existed and, if so, calculate the damages attributable to the defendant. In addition to the economic damages analyses, we assisted with document review and deposition preparation. We also analyzed the plaintiff’s historical financial results (financial statements and tax returns) and customer projections.
Dean Driskell, CPA, ABV, CFF, CFE, MBA
Executive Vice President
Economic Damages & Valuations
+1 470 690 7925
[email protected]
> Commercial Litigation
Our team is retained in cases involving breach of contract, business interruption, construction defect, partnership disputes, intellectual property disputes, and other general business litigation.
> Economic Damages & Valuations
We combine financial expertise with industry and market knowledge to quantify economic impact and determine the value of tangible and intangible assets.