FTI Consulting Acquires Certain Practices of LECG Corporation
WEST PALM BEACH, Fla., March 1, 2011 /PRNewswire via COMTEX/ --
FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has acquired the International Arbitration and Airline Competition practices of LECG Corporation (Nasdaq: XPRT). The terms of the transactions were not disclosed.
FTI Consulting, Inc. also confirmed it continues to evaluate the possible acquisition of several additional practice groups from LECG. No definitive agreement has been entered into with respect to the other practice group transactions under discussion, and accordingly no assurance can be given that any agreement will be signed or any other LECG practice groups will be acquired. FTI Consulting does not intend to make any further announcements or communications regarding discussions with LECG until either a definitive agreement has been reached or discussions are terminated without any agreement being reached.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,500 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
This press release contains forward-looking statements as defined by The Private Securities Litigation Reform Act of 1995. The terms "explore," "evaluate," "may," "will," "could," "anticipate," "plan," "continue," "project," "intend," "estimate," "believe," "expect" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. Actual events may differ materially from those discussed by any forward-looking statements. Factors that may cause or contribute to such differences include, without limitation, the uncertainties related to the consummation of any acquisition or other factors relating to any business that is the subject of discussions. Any forward-looking statements represent our discussions only as of today and should not be relied upon as representing our discussions as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if factors change.
SOURCE FTI Consulting, Inc.