What We Do
Veritas’ certified public accountants, economists, and valuation professionals assemble efficient, effective case strategies for examining and calculating economic damages and testifying as to their reasonable certainty. Among our team members, Veritas has experience with an extraordinary variety of damage types and models across a broad range of industries.
Veritas’ economists and statisticians are experienced in developing and applying statistical and economic models for producing actionable findings and quantifying complex damages. Veritas team members are regularly called upon to perform statistical analyses and examine economic data sufficient to establish “but for” baseline operations, to get to the root cause of changes in economic condition or performance, and to opine on damages.
Veritas fraud examiners and investigative accountants “follow the money” to flesh out impropriety, uncover wrongdoing, and measure the impact for prosecutors, legal counsel, and the court. Veritas’ investigative accounting team unearths and simplifies complex Ponzi schemes, securities fraud, bankruptcy misrepresentation, and a wide variety of other improprieties.
Veritas assists attorneys, businesses, and individuals with:
Veritas professionals are trained to provide:
- Assistance with Discovery
- Potential Order of Magnitude, Case Assessment, and Mediation Support
- Investigative Accounting
- Economic Research
- Statistical Modeling
- Damage Measurement
- Demonstrative Exhibits
- Assessment of Opposing Expert’s Opinion
- Reports of Findings
- Deposition, Arbitration, Appraisal, and Trial Testimony
Economics & Statistics
Veritas’ economists and statisticians are experienced in constructing economic models, analyzing complex damage claims, and presenting findings in a clear, concise manner. Veritas professionals are also experienced with developing and applying statistical models to produce actionable findings and to quantify complex damages. Our seasoned team of experts is regularly called upon to perform statistical analyses and to examine economic data sufficient to establish “but for” baseline operations, to get to the root cause of changes in economic conditions or performance, and to opine on damages. We carefully consider the facts of each case when performing a damages analysis, taking great care to provide findings that are relevant and reliable.
Veritas’ professionals include trained statisticians and econometricians capable of providing expert testimony, economic advice, econometric modeling, thorough reports, and statistical findings. The Veritas team is experienced with large data, knowledgeable in combining multiple datasets into a single dataset, efficient in building unique models, and capable of building concise datasets using primary source data. We also take pride in compressing complex statistical findings into simple
statements, diagrams, and demonstrative exhibits. Veritas experts have extensive experience in matters involving labor and employment economics and bodily injury losses across a wide range of industries and markets. Our team also undertakes matters involving discrimination, and we regularly provide rebuttals of the opposing expert’s damage calculations. The Veritas team delves into all aspects of economic damages for these claims, such as past and future income loss, mitigating earnings adjustments, loss of future earning capacity, incentive pay (bonus/stock options), retirement benefits, unpaid wage impacts, employment termination, unemployment, personal consumption adjustments, income tax adjustments (where appropriate), work life expectancy determination, and present value adjustment.
Veritas economists and statisticians provide findings that are relevant, reliable, and on point. The Veritas team applies economic theory, statistical analysis, database management and other quantitative methods to provide our clients with valuable actionable data needed both inside and outside the courtroom.
Veritas’ Economists and Statisticians are experienced in constructing economic models, analyzing complex damage claims, and presenting findings in a clear and concise manner. Veritas professionals are also experienced with developing and applying statistical models to produce actionable findings and quantify complex damages. Our seasoned team of experts is regularly called upon to perform statistical analyses and examine economic data sufficient to establish “but for” baseline operations, get to the root cause of changes in economic conditions or performance, and opine on damages. We carefully consider the facts of each case when performing a damages analysis, taking great care to provide findings that are relevant and reliable.
Veritas’ professionals include trained statisticians and econometricians capable of providing expert testimony, economic advice, econometric modeling, thorough reports, and statistical findings. The Veritas team is experienced with large data, knowledgeable in combining multiple datasets into a single dataset, efficient in building unique models, and capable of building concise datasets using primary source data. We also take pride in compressing complex statistical findings into simple statements, diagrams, and demonstrative exhibits. Veritas experts have extensive experience in matters involving labor and employment economics and bodily injury losses across a wide range of industries and markets. Our team also undertakes matters involving discrimination, and we regularly provide rebuttals of the opposing expert’s damage calculations. The Veritas team delves into all aspects of economic damages for these claims such as past and future income loss, mitigating earnings adjustments, loss of future earning capacity, incentive pay (bonus/stock options), retirement benefits, unpaid wage impacts, employment termination, unemployment, personal consumption adjustments, income tax adjustments (where appropriate), work life expectancy determination, and present value adjustment.
Veritas economists and statisticians provide findings that are relevant, reliable, and on point. The Veritas team applies economic theory, statistical analysis, database management and other quantitative methods to provide our clients with valuable actionable data needed both inside and outside the courtroom.
We assist attorneys, businesses, and individuals with issues involving:
- Antitrust Liability & Damages
- Class Action/Class Certification
- Claims & Claims Database Analyses
- Econometrics
- Economic Damages
- Intellectual Property Litigation
- Labor Economics
- Litigation Management
- Personal Injury Damages
- Statistical Analysis & Data Analytics
- Wrongful Death Damages
Risk Management & Compliance
Veritas’ international trade and risk assessment advisors are experienced with developing and applying knowledge of international trade regulations and practices, and common trade and market risk factors, to produce actionable findings, assess risk, calculate values-at-risk, test compliance, and formulate policy. Our team dives into cross-border research to form economic models and reports of findings that inform our clients of current situations and risks to international trade engagements. We strive to produce relevant, reliable, on-point assessments in the midst of ever-changing market fluctuations.
Veritas International Trade and Risk Assessment experts are trained to assist businesses and attorneys with:
- Business Interruption Values-at-Risk
- Import/Export Consulting
- Threat & Risk Assessments
- Open Source & Dark Web Research
- General Values-at-Risk
- Customs Compliance
- C-TPAT & Security Reviews
- Classification of Products
Mediation
Veritas’ founder, Steve Roberts, has extensive experience as an accountant, economist, testifying expert, board member, and finance committee appointee, providing him with a unique ability to chart the course through dispute to resolution.
Mr. Roberts Assists Attorneys, Boards, the Court, and Others with Mediation, Appraisal, and Special Master Services Such As:
- Appraisal Umpire
- Appraiser
- Mediator
- Special Master Services
- Demonstrative Exhibits
Frequently Asked Questions
Veritas develops economic and statistical models to establish “but for” baseline operations, quantify complex damages, and research and analyze economic factors and dynamics. Veritas’ analyses are designed to support more likely than not determinations.
Veritas measures virtually every type of commercial and individual economic damages imaginable. Common types of damages measure include but are not limited to lost profits and business interruption, construction delay, employee dishonesty, finance and securities litigation, insurance claims, intellectual property disputes, inventory valuation, mass torts, personal injury, wrongful death, and shareholder disputes.
Yes. Veritas’ statisticians, econometricians, forensic accountants, fraud examiners and valuation professionals provide deposition, arbitration, appraisal, and trial testimony, along with expert reports and damages analyses.
Veritas works with large and complex datasets by combining multiple data sources, building concise analytical models, and applying database management techniques to support accurate analyses and efficient analysis.
Yes. Veritas’ fraud examiners and investigative accountants conduct forensic accounting investigations involving Ponzi schemes, securities fraud, bankruptcy misrepresentation, employee theft, and other financial impropriety.
Veritas’ international trade advisors assess trade and market risks, develop economic models, calculate values-at-risk, test compliance, and provide assessments for cross-border business engagements.
Veritas helps judges, juries, attorneys, other authorities and business leaders understand complex economic and statistical findings through clear reports, easy to understand demonstrative exhibits, concise expert testimony, and charts and graphs which help tell the story of each engagement.
Yes. Veritas evaluates opposing expert opinions, reviews methodologies, and provides rebuttal analyses of competing damages calculations and financial conclusions.
Veritas analyzes past and future income loss, loss of earning capacity, mitigating earnings adjustments, incentive pay, retirement benefits, unpaid wages, employment termination impacts, work life expectancy, and present value adjustments.
A “but for” calculation considers prior years’ financial trends to determine the most likely financial outcome that would have occurred during a loss period. This type of calculation considers elements such as seasonal fluctuation, economic factors, and extenuating circumstances.