Todd K. Lester is a Senior Managing Director with FTI Consulting’s Forensic & Litigation Consulting segment and a member of the Energy Advisory Services practice. He has more than 30 years of specialized independent consulting experience advising law firms, regulatory agencies and client companies involved in complex litigation, financial investigations, compliance issues, and other accounting and financial challenges.
Mr. Lester has been retained on numerous matters to analyze, evaluate and determine the financial and economic consequences of a wide variety of transactions and events including the quantification and analysis of multifaceted damages calculations, especially where complex databases and business systems are involved. His experience includes the analysis and quantification of damages due to lost profits, diminution of value, incremental costs, unjust enrichment, and business failure among others. Mr. Lester also has performed valuations and valuation analyses on both public and private entities, as well as worked on cost justification/validation matters including cost audits, contract prudence reviews, construction delay claims and failed software implementations.
Mr. Lester also has extensive experience providing forensic and financial investigative assistance to counsel and client companies on numerous accounting, financial and special purpose investigations. Mr. Lester’s experience includes matters involving DOJ and SEC inquiries into alleged accounting irregularities and fraud, internal investigations of fraud and employee theft, white-collar criminal defense, civil fraud and breach of fiduciary duty matters, as well as regulatory and operational assessments for compliance purposes.
Over the years, Mr. Lester has provided economic damage analysis, financial investigative and expert witness services across a broad array of industries but has in-depth experience working with counsel and corporate clients, as well as federal and state agencies, in the energy, financial services and manufacturing industries. He has prepared reports and provided opinions and expert testimony on litigation matters in state and federal courts, and for matters in arbitration, mediation and claim resolution processes.
In addition to working with clients across many venues in the U.S., Mr. Lester has had the opportunity to work on many cross-border engagements for clients with operations in Russia, Ukraine, Moldova, Brazil and Mexico, as well as the opportunity to work and live in Moscow, Russia.
Mr. Lester earned a Bachelor of Business Administration in finance and international business, a Bachelor of Arts in biology and a Master of Business Administration from The University of Texas. He holds several professional certifications including the Accredited Senior Appraiser (ASA) designation in Business and Intangible Asset Valuation from the American Society of Appraisers, and the Certified Fraud Examiner (CFE) designation from the Association of Certified Fraud Examiners.