Wendy Shapss | Senior Managing Director | FTI Consulting
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Wendy Shapss

  • Senior Managing Director, Co-Leader of Insurance Services
  • Forensic & Litigation Consulting
  • T: +1 212 841 9374
  • F: +1 212 841 9350
Connect with Me:
    • Three Times Square
    • 9th Floor
    • New York, NY, 10036
    • United States
    • T: +1 212 247 1010
    • F: +1 212 841 9350

Wendy Shapss is a Senior Managing Director at FTI Consulting and is based in New York. She is a member of the Insurance Practice in the Forensic & Litigation Consulting segment. Ms. Shapss has over 18 years of experience in accounting, auditing, fraud and financial-based matters and specializes in litigation consulting, forensic accounting, fraud and financial investigations, and bankruptcy consulting.

Ms. Shapss has provided expert testimony in purchase price dispute arbitrations and factual testimony in cases involving preference actions, as well as advice and factual testimony through written and oral presentations at arbitrations, depositions and settlement conferences. Ms. Shapss has advised on cases involving lost profits, breach of contract claims, and accountants' malpractice. Ms. Shapss’ experience includes a multi-billion dollar lawsuit filed by a lender against an accounting firm serving as auditors prior to a debtor filing Chapter 11. In addition, Ms. Shapss has assisted with an antitrust litigation involving resellers and manufacturers of automobile parts. Ms. Shapss investigated a range of issues from defining geographic auto parts markets to financing, pricing marketing and promotional practices. Ms. Shapss has additional expertise with matters involving fraudulent financial reporting; SEC investigations; asset diversion; damage quantification; purchase price disputes; acquisitions and divestitures; price fixing; claims management; expert testimony; forensic investigations; accounting irregularities; liquidation; product liability; solvency and insolvency; trustee and examiner issues; and valuations.

Ms. Shapss has worked on various out-of-court troubled company engagements, and has also been responsible for overseeing and monitoring the day-to-day activities of various bankrupt estates. Ms. Shapss managed a bankruptcy case that involved more than 20 debtor companies and substantial allegations of fraud. Some of Ms. Shapss’ bankruptcy engagements include Raymark Corporation; Leon Wright; National Restaurants; Food Management; and Venture Holdings Company. Ms. Shapss’ experience includes identifying and pursuing preference actions and fraudulent conveyances; monitoring pension plans; sale of estate assets; financial reporting to the Court and parties-in-interest; and negotiating plans of reorganization and liquidation. Ms. Shapss’ work assisting troubled companies has included financial model forecasting and long-term strategic business plan development.

Ms. Shapss’ assignments have given her a broad range of industry experience. These industries include hospitality; automotive; waste management; insurance; publishing; manufacturing; financial services; apparel and textiles; not-for-profit; restaurants; and retail. Ms. Shapss has also worked on matters involving a broad range of environmental and asbestos issues.

Prior to its acquisition by FTI Consulting, Ms. Shapss worked for Kahn Consulting. Prior to Kahn Consulting, Ms. Shapss worked as a Senior Auditor with Price Waterhouse where she planned and supervised audits for multinational and middle-market clients in industries such as book and magazine publishing, apparel manufacturing, financial and professional services and non-profit organizations.

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