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Gleason & Associates
certified public accountants & consultants One Gateway Center, Suite 525 412.391.9010 phone Copyright 2005 |
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Economic Loss
Our economic loss practice encompasses:
- Lost profits claims in commercial disputes
- Insurance claims for business interruption, lost profits, lost wages, extra expenses and fraud
- Personal damages related to employment issues, injuries and wrongful death
Who we serve: Companies and their counsel involved in lost profits disputes
Experience: Our clients include Fortune 100 companies and small, closely held businesses in a variety of industries, including construction, real estate, manufacturing, transportation, technology, retail and entertainment. We have helped win cases for both plaintiffs and defendants. Our analyses have also helped clients settle claims and avoid litigation.
Our approach: To calculate or critique a lost profits claim, we learn about the business or businesses involved, and also the industry. After a thorough assessment of the relevant financial records, we develop an objective, credible, creative and reasonable claim supported by sound accounting theories.
Who we serve: Commercial insurance carriers, agents and their counsel
Experience: We have provided pre-trial consulting services and expert testimony for a wide range of insurance claims in amounts ranging from four-to-eight figures. Our experience encompasses claims for business interruption, lost profits, lost wages, extra expenses and fraud.
Our approach: We help clients unravel the financial complexities in the claims of their insured. To prepare clients for court or a settlement, we apply generally accepted business valuation and forensic accounting methods to provide a thoroughly researched, documented unbiased assessment of each claim.
Who we serve: Plaintiffs or defendants and their counsel
Experience: We have developed and critiqued personal damages resulting from employment issues to personal injury and wrongful death. Our experience embraces clients of all ages and in all walks of life, from unborn children to self-employed, unemployed and retired adults. We have successfully advocated claims on both sides for lost benefits, lost social security income and lost pension benefits, among others.
Our approach: We develop or assess a damage strategy, identify critical information to support or refute the claim, and assess the strengths and weaknesses of each position before you go to court. In addition, we calculate and support damage claims using current and historical financial information specific to the case as well as government statistics and economic studies. We also assess the potential impact of mitigation.
Gleason & Associates specializes in eight practice areas: