Notable Cases
Economists at the Center for Forensic Economic Studies have testified in many significant cases, including:
Finch v. Hercules
Inc.
The U.S. District Court for the District of Delaware held that an
economist may testify on the probable date of retirement of the
plaintiff, endorsing statistical testimony by Center for Forensic
Economic Studies President Jerome M. Staller. "Absent a crystal ball,"
the court wrote, "statistical analysis served as the next best barometer
of the reality of [the plaintiff's] stated intentions."
Marks v. Stinson
In this landmark election-law case, statistical analysis by Center for
Forensic Economic Studies Vice
President Brian P. Sullivan demonstrated that voting fraud had occurred
in a Pennsylvania state senate race. Dr. Sullivan’s testimony was
characterized by the court as “eloquent.”
National
Bendectin Litigation
Center for Forensic Economic Studies economists acted as court-appointed experts on damages in
this massive class action.
Estate of Jessica
Savitch
Analysis by Center for Forensic Economic Studies economists was instrumental in achieving a reasonable
settlement in this potentially volatile matter involving the first
female network news anchor.
Danner et al. v. NGK Metals Corp et al.
In this proposed medical-monitoring class action against a supplier of
beryllium, damages of $2 billion were claimed based on the plaintiffs’
expert report. Analysis by Center for Forensic Economic Studies
economists showed that the report was based on faulty data. The
expert was forced to withdraw.
Maghribi v. Advanced
Micro Devices
Center for Forensic Economic Studies economists showed that the structure of a joint-venture
arrangement, rather than discrimination, was the likely reason that the
plaintiff, a Silicon Valley CEO, left the defendant company. Analysis
also showed that the plaintiff’s damages claim of more than $100 million
in lost future earnings and stock-option grants was entirely
speculative. Trial resulted in a defense verdict.