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ABOUT
Class Actions
The use of class actions, or representative actions as remedies in litigation is becoming more common in jurisdictions outside of North America. All indications are that class actions will continue to find their way into litigation regimes around the world. The volume of data, the complexity of financial models, and the increased expectation of precision make it imperative to have forensic accounting experts on-hand to help during the various phases of a class action, from the certification stage, to the determination of damages and administration of awards.
SERVICES
As a leading international forensic accounting firm, we offer our clients a distinct competitive advantage. We specialize exclusively in economic damage quantification: we do not provide tax or assurance services, which means we have far fewer conflicts in accepting engagements.
Some examples of our experience in class actions include:
- Assisting the defendant, Justice Canada in their defense of various class actions
- Assisting the plaintiff U.S. Foodservice in a multi-district class action
- Assisting in the assessment of attorney fees from over 1,000 firms and individuals
Our forensic accounting experts can assist with class actions in a broad range of industries, including consumer goods, education, franchising, government, insurance, fraud, labor and employment, pharmaceuticals, pension, professional services and securities.
We offer class action support for both plaintiff and defense counsel including:
- Assisting counsel in articulating the damage methodology during the certification process
- Developing an approach and methodology for aggregate damage quantification and apportionment to class members
- Preparation of independent and objective expert opinions
- Responses to and critiques of opposing expert
- Assistance in mediation and other settlement proceedings
- Providing expert witness testimony if required
- Administration of settlement
OUR TEAM
TEAM INFORMATION
Contact our team members using the details below. These contacts simply supplement
any MDD contacts you may already use to help find the resources you need.
Experience
Experience
Contact one of our experts below or filter experience based on region.
ARTICLES
RELEVANT ARTICLES
Our experts are extremely knowledgeable about thier subject areas and often write educational material and commentary on topical issues they come across.
Sleepless Nights: Product Recall of Sleep Device
What started off as a comment by CEO Frans van Houten in global electronics giant, Philips Q1 Quarterly Report of 2021 issued on 26 April 2021 that “regretfully, we have identified a quality issue in a component that is used...
Class Action Lawsuit – What Do You Do Now?
It’s happened. You find your company is facing the business end of a class action lawsuit. Perhaps this stemmed from your product not meeting customers’ expectations or maybe there are allegations that your product is not performing as advertised. Now...
Rare Guidance On Class Action Damage Awards
The Ontario Class Proceedings Act ("CPA"), along with its counterparts in all Canadian provinces, is rightly lauded for creating a simple, accessible way for plaintiffs collectively to bring claims before the courts when they would not have had the resources...
