Intangible asset impairment in securities class action - Brattle

In a securities fraud class action, a team of Brattle experts worked on behalf of plaintiffs alleging a massive intangible asset impairment – goodwill and brand values – that should have been recognized sooner. Brattle examined the nature and timing of cost-cutting measures that preceded the intangible asset write-down, evaluating inputs used in the intangible asset valuation models, and reviewing audit work papers. The parties agreed to a settlement, one of the largest in history for securities class actions.

Practices

Experts Involved

Benjamin Sacks

Principal

Adrienna Huffman

Senior Associate

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