Applied Statistical Data Sciences
Economics Service Spotlight
June 04, 2021
Applied Statistical Data SciencesDownload Service Sheet
What we do
EC’s Data Science and Quantitative Analytics team works primarily in the litigation and investigation space, providing quantitative support for expert witnesses. We assist attorneys and clients in their efforts to show the judge or jury the simple fact patterns that are hidden in complex data. Often these fact patterns are shown through simple charts or diagrams and sometimes they are shown using complex infographics like the tripartite network graph shown below.
What we’ve been up to
Within the last year, we have worked with many industry-leading companies.
- Global financial services company
- Healthcare insurance provider
- Multinational telecommunications company
- Global pharmaceutical company
- Global biopharmaceutical company
- Multinational technology company
- North America based freight-hauling railroad
- North America based insurance provider
Working across FTI
We frequently combine forces on large, complex matters with other segments at including FLC, GRIP, Corporate Finance, and Health Solutions.
In a recent financial litigation where EC and Corporate Finance offered three experts at trial, our team worked with professionals from FLC, Compass Lexecon and Corporate Finance to rebut Plaintiff’s three damages experts who were asking for damages in excess of $1.6 billion. Plaintiffs’ experts performed a complex times series regression model that attempted to predict stock prices over a period of nine years. The damage calculations incorporated complex financial concepts such as market capitalization, auto-regressive and cointegration time series analyses, private equity performance fee calculations, industry comparables, share repurchases, float determinations, enterprise value vs market value and AUM calculations. The litigation settled during trial after testimony was given from several high-profile witnesses.