Expert Witness Testimony
A Powerful Advantage in the Courtroom
Real-world experience, knowledge, and a proven track record enable us to get to the crux of a case — including issues that may not be evident in the original allegations and assertions. We look at who did what, when, and why, as well as whether the actions or business conduct were appropriate under the circumstances.
As a named expert, H.S. Grace & Company, Inc. has helped many clients successfully mediate their cases prior to trial, saving both time and litigation costs. In those matters that proceed to trial, our involvement as an expert witness in depositions and trials has helped our clients achieve very favorable results. Our testifying expertise is linked with the experience of senior executives who understand complex business issues from a real-world perspective. This solid factual footing and cogent evaluation of what constitutes reasonable business practice provide a powerful advantage in the courtroom.
We Serve as Testifying Experts for Both Defendants and Plaintiffs
- Fiduciary duties
- Common law fraud claims
- SEC violations
- Application of professional business standards to conduct of parties
- Organizational and operational issues
- Finance and accounting issues
- Compensation and employee benefit issues
- Corporate governance: boards, audit committees, senior management, external and internal auditors
- Damages: bases and calculations
Our expert witness reports and testimony have been widely accepted in court and mediation proceedings in Delaware, New York, Texas, and numerous other venues.
Delivering Positive Outcomes for Clients
These cases demonstrate how HSG helps clients reduce damages and liability.
Reducing Damages to Zero from $200 Million
A bank, our client, was facing allegations of wrongdoing as an indenture trustee. Plaintiffs were seeking $200 million in damages, and the primary insurance carrier estimated it would require $90 to $100 million to settle. HSG’s evaluation, however, resulted in the case against the bank being dropped while other defendants ultimately paid $100 million.
Expert Opinion on Business Conduct Helps Reduce Potential $100 Million Liability
This case revolved around whether a CEO’s termination was “for cause” or “for fault.” Prior to arbitration, HSG provided an expert opinion on whether certain actions and business decisions of the CEO conformed to normal and customary standards of business conduct and corporate governance principles, including those embodied in the company’s Code of Ethics. With potential $100 million in exposure, HSG’s evaluation resulted in a settlement favorable to the company.