Jack Schwager is a Senior Managing Director in the Forensic & Litigation Consulting segment and is based in Chicago. A member of the Dispute Advisory Services practice, Mr. Schwager specializes in analyzing damages in commercial litigation, consulting on financial and accounting-based disputes and investigations and performing valuations in commercial and bankruptcy litigation.
Mr. Schwager has over 20 years of professional experience providing dispute advisory, forensic accounting and accounting advisory, and valuation services. He has been retained to provide expert testimony in matters in both state and federal U.S. courts and has provided expert testimony at deposition and trial. He has measured damages in commercial litigation from lost profits, diminution in value, benefit of the bargain, unjust enrichment, reasonable royalty and costs incurred. He has consulted on matters involving alleged breach of contract, employment discrimination, fraud, insurance claims, alter ego and corporate veil piercing, fraudulent transfers, insolvency, accountant malpractice, product liability, and asset and business valuation. He has further consulted in bankruptcy litigation on disputes involving solvency, alleged fraudulent transfers, reasonably equivalent value and preferences.
Mr. Schwager has led forensic engagements involving investigation of accounting-based fraud, investigations of accounting and SEC reporting irregularities, cash tracing and misappropriation of assets, GAAP, IFRS and GAAS standards, and contract compliance reviews involving licenses, service contracts and ERP implementations. He has advised both acquirers and sellers in post-acquisition disputes involving GAAP, post-closing purchase price adjustments, and breaches of representations and warranties. He has further served as a neutral accountant and has assisted to adjudicate disputed claims in numerous arbitrations.
Mr. Schwager is currently a member of the AICPA’s Forensic and Litigation Services Bankruptcy Task Force and is formerly member of the Damages Task Force. Prior to joining FTI Consulting, Mr. Schwager was a public accountant with Deloitte and Arthur Andersen. He also previously served as corporate controller to an automotive parts manufacturer.
T: +1 312 252 4081
227 West Monroe Street
Chicago, IL, 60606
Commercial Damages Analysis
Forensic Accounting & Investigations