Calculating Damages for a Civil Lawsuit

The Challenge

A business consortium that included a gaming operator and 15 individual charities filed a civil suit against another gaming operator alleging that the defendant conspired with local law enforcement to withhold a gaming license. Without the license to operate, the plaintiff alleged that monetary damages from lost opportunities over a period of years would be incurred as a direct result of not being allowed to open the planned establishment.

The challenge was to accurately compute reasonable and reliable estimates of economic damages and lost profits in support of the plaintiff’s case, and to articulate those estimates effectively in front of a federal jury.

The Solution

Forensic Strategic Solutions employed its proprietary methodology for calculating damages after collecting relevant data from a variety of sources. The firm leveraged financial accounting models, estimates prepared by the plaintiff’s lenders and profit reports from the defendant to create conservative, fact-based assessments of the plaintiff’s losses. The information and analysis from this process was then presented to the jury during the civil trial.

The Result

The plaintiff’s case was bolstered by the financial estimates, data analysis and damage computations presented to the jury by Forensic Strategic Solutions. The jury found for the plaintiff and awarded the plaintiff more than $44 million in compensatory damages – the amount computed and specified by the Forensic Strategic Solutions team – and $20 million in punitive damages.

About Forensic Strategic Solutions
Forensic Strategic Solutions, Inc. is a national financial investigation firm that combines fraud examination with investigative financial consulting services in order to illustrate and present complex financial data in courts of law and other forums. For more information, visit www.forensicstrategic.com.

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