Your Financial Damages Expert for Class Action Lawsuits

The Challenges of Quantifying Financial Damages in Class Actions

A key component of any class action is the quantification of damages. This figure helps plaintiff counsel assess the potential value of the case, and defense counsel understand the potential liability of the case. Calculating damages for a class typically requires the analysis of large volumes of data. This information may pertain to a wide range of business activity:

• Oil and gas royalty payments

• Land use right of ways

• Improper tax

• Employment discriminations

• Payroll and timesheet details

• Transportations

• General Relief (General Assistance)

• Retail transactions

• Cell phone calls

The computer systems that contain case-pertinent data are designed to perform specific functions to support the ongoing needs of the business. Therefore, they commonly do not to feature the analytical capabilities necessary to identify class members and calculate damages.

Our team provides the technical skills, litigation experience, communication abilities, and data analysis capabilities necessary to develop a robust, defendable damage model. 

Multiple matters on which we have consulted or been an expert have reached settlement soon after our findings have been presented.

Solutions to Quantifying Financial Damages in Class Actions

We are retained as a consultant or expert by defense and plaintiff counsel in state and federal matters. Our damages expert engagements provide a wide range of deliverables that include:

• Developing methodology for identifying class members

• Formulating well-reasoned methods to estimating financial class damages

• Identifying the best sources of data available

• Documenting data required and communicate needs to technical staff

• Obtaining electronic data and employ database capabilities to store and organize the data

• Developing the computer software to analyze the data

• Presenting results as a consultant or expert

• Providing oral opinion during deposition and trial regarding financial damages

Credentials

Our team has unmatched level of expertise and experience in class actions:

• Our principal, Matthew Pohl, was the Director of Business Intelligence at a $4B US office products company. In that role, he led a team developing a corporate data warehouse, requiring the understanding of the architecture and database design for a wide range of corporate systems and how data from those systems could be extracted, transformed, and loaded into the data warehouse. He was also an independent data warehouse consultant and worked on multiple data warehouse implementation projects.

• Mr. Pohl was a member of Arthur Andersen’s litigation consulting practice where he led teams that acquired case-related data, analyzed the information, and developed computer software to determine damages.

• Mr. Pohl was a founder and president of one of the most awarded class action administration firms in the U.S., and has personally been involved in hundreds of class action matters.

• Mr. Pohl has been retained as an expert in multiple federal and state jurisdictions.

Case Summaries

Expertise

Let’s Talk

Contact us today to discuss how Herculean Litigation Solutions can partner with you on your class action lawsuit.