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IP Expert Witness & $9.3B Lawsuit Against Google Inc.

IP Expert Witness & $9.3B Lawsuit Against Google Inc.

Intellectual property expert witness James E. Malackowski will testify for the multinational computer technology corporation Oracle in its lawsuit seeking $9.3B from Google, Inc. Malackowski is Chairman and CEO of Ocean Tomo. He is experienced in intellectual property valuation, business valuation, reasonable royalty, and lost profits.

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Safe Hiring Expert On Background Checks

Safe Hiring Expert On Background Checks

Attorney Lester Rosen is experienced testifying as an expert witness on safe hiring. Rosen is founder and CEO of Employment Screening Resources. He notes that the numbers of lawsuits, particularly class action suits, against employers over background checks are growing. “These lawsuits are most frequently brought under a federal law that controls the process of pre-employment background checks in the United States, the Fair Credit Reporting Act (FCRA).”

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Industrial Hygiene Expert Witness On Lumber Liquidators Violations

Industrial Hygiene Expert Witness On Lumber Liquidators Violations

Lumber Liquidators pleaded guilty today for violations of the Lacey Act and will pay $10M in fines and penalties. The DOJ investigation found that Lumber Liquidators smuggled illegal wood from the Russian Far East. The company was found guilty of the felony for entry of goods by means of false statements and four misdemeanor counts of violating the Lacey Act. Lumber Liquidators has been placed on a 5 year probationary period to implement an environmental compliance plan.

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Patent Litigation Experts

Patent Litigation Experts

Patent litigation expert witnesses are knowledgeable in patent requirements, intellectual property, and patent infringement. They have expertise in patent valuations, duties and standards in licensing, patent related malpractice, and fiduciary duties in intellectual property issues.

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Business Valuation Expert Witness & $20M Award

Business Valuation Expert Witness & $20M Award

Business valuation expert witness and CPA David L. Johnston testified for the plaintiff in a case against the Louisiana Department of Transportation and Development. Jeff Mercer accused state DOTD officials of harassing him after he refused to give an inspector a bribe in the form of money and/or equipment. Mercer testified that harsh inspections and denied payments for work done followed which forced him to declare bankruptcy. When his business closed, Mercer sued the DOTD for $12M.

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Appellate Court Rules On Securities Expert Witness Testimony

Appellate Court Rules On Securities Expert Witness Testimony

The U.S. Court of Appeals 2nd Circuit vacated Jesse Litvak’s securities fraud conviction saying the lower court improperly excluded parts of his expert witness’s testimony. Securities expert witness Dr. Ram Willner, a business school professor and former portfolio manager, was hired by the defense to testify on how investment managers operate. However, U.S. District Judge Janet Hall disallowed his testimony. The appellate court found that if the defense team had been able to introduce some of Willner’s testimony, a jury might have acquitted the former Jefferies & Company securities broker and trader.

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Tax Dispute Expert Witnesses

Tax Dispute Expert Witnesses

Tax dispute experts may consult on tax audits, tax laws, and tax returns. Coca-Cola was in the news this week, having been notified by the IRS that the company owes $3.3 billion in federal taxes, plus interest, for 2007 to 2009.

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Accounting Expert Testifies Re: Lost Profits

Accounting Expert Testifies Re: Lost Profits

In Brand Marketing Group, LLC v. Intertek Testing Services, N.A., Inc., the jury found Intertek liable to Brand for negligent misrepresentation and awarded Brand more than $6 million in total damages—$1,045,000 in compensatory and $5 million in punitive damages. Brand relied on an accounting expert witness who testified regarding future lost profits. He testified that the amount that Brand had lost due to Intertek’s misrepresentations was somewhere between $439,000 and $1 million over the next decade. Brand used Intertek in testing its vent free heaters to ensure they met U.S. safety standards. However, sales in the US were halted permanently after Ace Hardware Corp. reported that the Thermablasters did not meet ANSI standard Z.21.11.2b.

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Forensic Accounting Expert Witness Testifies In Dewey & LeBoeuf Case

Forensic Accounting Expert Witness Testifies In Dewey & LeBoeuf Case

Forensic accounting expert witness Jonathan Vanderveen testified in the New York criminal trial of former Dewey & LeBoeuf executives. Former chairman Steven Davis, executive director Stephen DiCarmine and chief financial officer Joel Sanders are charged with larceny, fraud and falsifying business records. The global law firm which once employed over 1200 attorneys declared bankruptcy in 2012.

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When Is An Economic Expert Witness Needed? Part 2

When Is An Economic Expert Witness Needed? Part 2

In Getting the full value of economic experts in IP litigation: A qualified expert is key, attorney Devon Zastrow Newman writes that “Expert witnesses can make or break your intellectual property litigation.”

How is an expert qualified to present testimony?

A person can become an expert through education, skill or experience. Economic experts may be trained in finance, accounting or economics and may have certifications in business financial management, financial forensics and other related fields. Economists or professors can be experts. An economic expert may have litigation experience in the market at issue.

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