Product & Transaction Liability
Organizations and law firms that deal with product liability claims often seek the support of trusted, seasoned experts with experience in class action and class certification, accounting, damage and valuation, and deep expertise in the industries involved. The senior experts of FTI Consulting help organizations and external counsel address the challenges of large and complex claims by conducting investigations and determining causes, assessing damage and liability and performing valuations of losses, business interruption, remediation and recovery, and providing clear and concise expert testimony.
How We Help
Clients engage our global team of advisors when they need help understanding financial and operational liabilities and applying advanced analytics to help achieve financial objectives. They also call on us to conduct claims evaluations, technical reviews and portfolio analyses in support of run-off programs, risk assessment, and damage and valuation.
Transaction lawyers and litigators dealing with transaction liability matters rely on our experts to provide dispute advisory services. Private equity firms involved in large deals also seek these services. With decades of experience, our integrated multidisciplinary team is highly equipped to assess the value of misrepresentations. If misrepresentation claims are of a financial nature, we involve our accounting and valuation experts, many of whom have previously worked for Big Four firms, to investigate, analyze, and testify. When misrepresentations occur, we also provide valuation and damages calculations. Our professionals include the top arbitrators in the marketplace who frequently serve as neutrals in the resolution of disputes that are not brought to court.
Our teams of experts use secure computing facilities that allow us to manage, maintain, update and query large private and highly confidential datasets used to support management’s regulatory decisions. Clients and their counsel rely on us to assemble large datasets from disparate sources and discordant formats. These cutting-edge resources and our expertise ensure data integrity over potentially lengthy litigation, regulatory or investigation projects. We regularly analyze datasets containing hundreds of millions and even billions of records. Our expert staff and state-of-the-art secure computing facilities efficiently and swiftly handle computations on these large datasets required for expert testimony in litigation cases or regulatory and internal investigations.
Our professionals work closely with general counsel members of major insurance companies and their outside counsel on complex damages calculations for purposes of settlement negotiations and expert testimony. Results of our advanced statistical methods have led to the discovery of previously unseen risks that were not captured in classical regression analysis.