When a global shipping company and two airlines received a government fine due to alleged price fixing claims, they hired a CRA expert to assess their ability to pay the fines. CRA’s expert prepared a detailed and comprehensive analysis of the company’s historical performance, their projected performance, industry trends, and competitor performance. The expert also performed a statistical analysis of the company’s projected credit rating and analyzed the likelihood that the fine would cause bankruptcy. The analysis of CRA’s expert was presented to the US Department of Justice, and it resulted in reduced fines for each of the clients.
Who's Who Legal Q&A with Kristofer Swanson
CRA’s Forensic Services Practice Leader Kristofer Swanson was recently interviewed by Who’s Who Legal for a Q&A. In this Q&A he discusses his career in...