Prevailing in a Class Action Lawsuit

April 12th, 2010

Make your case with expert testimony

A recent class-action lawsuit against several ARM firms could have set an adverse legal precedent for future litigation in the industry.

However, using an expert witness provides a distinct advantage in complex litigation cases. Lawyers and judges readily rely on credible, third-party experts to define, quantify and substantiate a claim, and industry and market expertise carries enormous weight in legal proceedings.

Challenge:
Our client was named along with a major debt buyer in a class action lawsuit filed in U.S. District Court. A judgment against them would have set a legal precedent that would be devastating – not only for the client and the other named defendants, but for the debt buying industry as a whole.

It was critical that they prevailed in this lawsuit, and they needed to credibly and accurately inform the court about the nuances of the debt purchasing industry. If at all possible, they ultimately wanted to obtain a summary judgment dismissal of the lawsuit before it went to trial.

Solution:
We were appointed as industry experts to provide a complex, detailed report on all components of debt purchasing, including specific industry matters and practices. Our information was the primary means to inform the court as to the processes of debt buying, as well as to address several technical points integral to the case.

The court ruled in favor of our client’s motion for summary judgment. The judge’s order specifically mentioned our report as one of the key factors in the ruling.

What can we do for you?
When you are facing a valuation dispute, damage assessment, contract claim, employee matter, or other pending legal action, our litigation support professionals are thoroughly experienced in assisting you and your legal counsel.

We can provide a credible source for detailed analysis, targeted reporting, and expert witness testimony, which is crucial to successful litigation. We have a track record of success, and our findings have never been invalidated in court.

Contact Mike Ginsberg,  at 240-499-3800 or by email.

Comments are closed.

LATEST BLOGS

Kaulkin Ginsberg is Changing the Way That Busy Executives Access Strategic Information

February 20, 2018

At Kaulkin Ginsberg, we have become very dissatisfied with the limitations ARM professionals face when accessing critical market intelligence. That's why we created KG Prime.....

» see this post    » all posts


Stock Market's Impact on the Economy & ARM Industry

February 13, 2018

Last week, the S&P 500 and Dow Jones indexes each fell by nearly 10%, before rebounding on February 9. What do fluctuations in the stock market actually mean, and what impacts do they have on the economy and the accounts receivable management industry?....

» see this post    » all posts


Is a Corporate Roll-Up Strategy Right for You?

February 8, 2018

Investment bankers and private equity firms use phrases like "industry consolidation plays" or "spoke and wheel models," but few ever explain what that actually means, and how it will benefit the business owner. Here, we outline the corporate roll-up process for business owners and clarify what they expect as the buyer in this process.....

» see this post    » all posts


RECENT ANNOUNCEMENTS

Mike Ginsberg to speak at RMA's 2018 Annual Conference

January 9, 2018

Mike Ginsberg, president and CEO of Kaulkin Ginsberg, will be joining a panel of industry experts at RMA's 2018 Annual conference to discuss M&A and financing in the ARM industry.....

» see more




Kaulkin Ginsberg Company announces the addition of the U.S. federal government market segment on KG Prime.

December 5, 2017

As part of Kaulkin Ginsberg expanding market intelligence series on KG Prime, their market research team recently retrieved and examined data regarding the US federal government market segment.....

» see more




Kaulkin Ginsberg Company Teams up with Topline Valuation Group to Offer a New Valuation Service

November 21, 2017

Kaulkin Ginsberg, in conjunction with its sister company Topline Valuation Group, announces the release of a product that provides ARM company owners with an in-depth assessment of their company's strategic opportunities.....

» see more