Lost Earnings Analysis in Wrongful Termination Case
Our firm was retained by plaintiff's counsel to determine the economic losses suffered by the CEO of a major corporation in a wrongful termination matter. The Analysis Group team, led by Managing Principal Keith R. Ugone, researched defendant's public filings, payroll information, benefit packages, and employment agreements, as well as various third-party documents. We then quantified the compensation components lost by the CEO, including lost base salary, bonus, 401(k) company matching, various allowances, reimbursements and non-monetary benefits, and relief from the tax effects associated with legal fee reimbursements. We calculated the present value of the components of economic losses and the prejudgment interest associated with each, and provided deposition and arbitration testimony.