David B. Lasater
- Senior Managing Director
- Forensic & Litigation Consulting
- T: +1 713 353 5434
- F: +1 713 353 5459
- First City Tower
- 1001 Fannin, Suite 3950
- Houston, TX, 77002
- United States
- T: +1 800 349 9990
- F: +1 713 353 5459
- Ph.D., The University of Texas at Austin
- M.P.A.,The University of Texas at Austin
- B.B.A., University of Houston
- American Economic Association
- The American Statistical Association
- Expert Testimony
- Financial Investigations
- Financial Institutions
- Energy, Power & Products
- Retail & Consumer Products
- Public Sector & Government Contracts
- Telecom, Media & Technology (TMT)
David B. Lasater is a Senior Managing Director in the FTI Consulting Forensic and Litigation Consulting practice and is based in Houston and New York. Mr. Lasater has 31 years of experience providing statistical and economic advisory services. He has provided expert testimony in federal, state and administrative matters.
Mr. Lasater’s expertise includes the application of statistical, econometric, financial economic and accounting/auditing analyses in litigation and nonlitigation assignments. He has advised, reported and testified in litigation assignments ranging from class certification to liability and damages determinations.
His case experience includes securities class actions, employment class actions, product liability and product liability class actions, accountants’ malpractice, intellectual property, breach of contract, breach of trust, lender liability, predatory pricing, fraudulent conveyance, franchise termination, and U.S. Tax Court cases.
Mr. Lasater’s industry experience includes financial services, manufacturing, assembly, distribution, telecommunications, energy, engineering R&D, entertainment, pharmaceutical and chemical, environmental, software development, federal and state government agency operations and healthcare.
Mr. Lasater has provided both affirmative and rebuttal statistical analysis in numerous, significant RMBS matters during 2010-13, including sampling designs, causation studies, and damages analyses based on alleged mispricing.
Mr. Lasater has advised, reported, and given expert testimony on business, business segment, equity-position, and options on equity-position valuations in a wide range of industries. He has valued companies in all stages of growth and decline, from start-up (using real options approaches) to wind-up (using macroeconomic regressions for revenue forecasts).
Prior to joining FTI Consulting, Mr. Lasater was a partner in KPMG’s Forensic Dispute Advisory Services practice and national coordinator for the practice’s securities litigation and employment class action services. From 1991 – 2001, he was an international partner in Arthur Andersen’s Claims & Disputes practice, based in its New York office. During 1991-1996, he was quality control partner for business valuations produced from the Corporate Finance practice, New York office. Before joining Arthur Andersen, he was a member of the Graduate School of Business faculty, accounting, at Michigan State University for eight years.
Mr. Lasater holds a Ph.D. in accounting, finance, and quantitative methods and a M.P.A in accounting, both from the University of Texas at Austin, and B.A.A. in accounting from the University of Houston. He is a certified public accountant licensed in New York.