Expert Testimony
Allomet often serves as an expert witness in cases involving the performance of management and director non-feasance. Damages due to management blunders or the failure of directors as responsible fiduciaries can be exorbitant. Clients in such cases have benefited substantially from the analyses and opinions derived from our experience with more than 250 clients.
Because our expertise spans a wide range of industries, we are often able to uncover practices or omissions that contribute to the legal strategy, influence decisions or mitigate damage claims.
Recent cases have included:
- Serving on behalf of a “Big 4” accounting firm in a case vs. the United States Trustee, a malpractice claim was dropped, disgorgement of fees and damages and a potentially distasteful trial were avoided.
- A shareholder’s class action suit was filed when directors recommended accepting a bid from a private equity acquirer at a price well below a competing bid. Analysis showed that the rationale used by directors was insufficient to justify their recommendation.
- In a legal malpractice case, an analysis showed that performance of the client, a debtor-in-possession, was not significantly affected by the omissions of attorneys in the case.