- Managing Director
- Forensic & Litigation Consulting
- T: +1 312 252 4081
- F: +1 312 759 8119
- 227 West Monroe Street
- Suite 900
- Chicago, IL, 60606
- United States
- T: +1 312 759 8100
- F: +1 312 759 8119
- B.B.A., Accountancy, University of Notre Dame
- Accredited in Business valuation (ABV)
- Certified in Financial Forensics (CFF)
- Certified Fraud Examiner (CFE)
- Certified Public Accountant (CPA)
- American Institute of Certified Public Accountants (AICPA)
- Association of Certified Fraud Examiners (ACFE)
- Association of Insolvency & Restructuring Advisors (AIRA)
- Illinois Certified Public Accountants Society (ICPAS)
- Accounting Advisory
- Business Valuation
- Commercial Damages Analysis
- Forensic Accounting & Investigations
- Post-Acquisition Disputes
- Automotive & Industrial
- Financial Services
- Retail & Consumer Products
- Telecom, Media & Technology (TMT)
- Transportation & Logistics
Jack Schwager has more than 19 years of professional experience providing dispute advisory, forensic accounting and accounting advisory, and valuation services and is a member of FTI Consulting’s Forensic Accounting & 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. He has been retained to provide expert testimony in matters in both state and federal U.S. courts, and he has provided expert testimony at deposition and at trial.
Mr. Schwager 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.
Furthermore, 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. Mr. Schwager has further assisted FTI neutral accountant arbitrators to examine and 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. He is a coauthor of three AICPA Practice Aids: Calculating Lost Profits, Providing Bankruptcy and Reorganization Services - Litigation and Dispute Resolution in Bankruptcy, and Providing Bankruptcy and Reorganization Services - Valuation in Bankruptcy.
Mr. Schwager’s industry experience includes automotive, consumer electronics, financial services, hospitality, pharmaceuticals, medical devices, retail, semiconductors, telecommunications and transportation.
Prior to joining FTI Consulting, Mr. Schwager was a public accountant with Deloitte and Arthur Andersen. He previously served as corporate controller to an automotive parts manufacturer.