Tag: Damages
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Standard Out-Of-Pocket Damages Methodology Employed by Economics Expert Witness Deemed Reliable
In 2007, SCANA received legislative approval to construct two nuclear reactors at the V.C. Summer Nuclear Generating Station in Fairfield County, South Carolina” (the “Nuclear Project”). Deloitte served as SCANA’s external auditor for over 70 years. International Brotherhood of Electrical Workers Local 98 Pension Fund alleges that, “[t]hroughout the Class Period, Deloitte repeatedly violated its…
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Insurance Expert Witness’ Testimony Limited Because it is Needlessly Cumulative
This lawsuit stems from claims of breach of contract and statutory and common-law bad faith. It all started when Plaintiff, Paul Schulz, was injured when his motorcycle struck an oil spill in the roadway, causing the front tire to slide out and the motorcycle to overturn. Shortly thereafter, Schulz filed a claim with his insurer,…
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Economics Expert Witness’ Conjoint Analysis and Damages Model Deemed Admissible
Plaintiff David Swartz brought this case against Defendants Dave’s Killer Bread, Inc. and Flowers Foods, Inc. under the California Unfair Competition Law, alleging that Defendants violated Food and Drug Administration (“FDA”) regulations, and therefore California’s Unfair Competition Law (“UCL”), by including unlawful labels on their bread products. Plaintiff moved to certify a class on a…
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Economics Expert Witness’ Improper State-of-Mind Testimony Excluded
Plaintiffs Richard Dennis, Port 22, LLC, and Michael Glass asserted Commodity Exchange Act and Sherman Antitrust Act claims, alleging that the Andersons, Inc. and Cargill Incorporated, who were supposed competitors, operated multiple grain storage warehouses in Ohio and collaborated to manipulate prices of soft red winter wheat futures and options contracts on the Chicago Board of…
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Accounting Expert Witness’ Approach to Calculating Lost Profits is Accepted in the Relevant Field
Plaintiff Dick’s Sporting Goods, Inc. (“DSG”) filed a lawsuit against Defendants Forbes/Cohen Florida Properties, L.P. (“Forbes”) and The Gardens Venture LLC (“Gardens Venture”) (collectively “Defendants”). DSG claimed that Forbes tortiously interfered with its business and contractual relationships, which involved Sears, Roebuck, and Co. (“Sears”) and Transform Operating Stores LLC (“Transform”), specifically regarding the sublease…
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Economics Expert Witness’ Testimony Limited Because His Zero Damages Opinion is Irrelevant
Plaintiff I-Mab Biopharma (“I-Mab” or “Plaintiff”) brought trade secret misappropriation claims against Defendants Inhibrx, Inc. (“Inhibrx”) and Brendan Eckelman (“Dr. Eckelman” and collectively with Inhibrx, “Defendants”). Plaintiff asserted that Defendants misappropriated nine trade secrets (that correspond to molecules designed to treat cancer) that are referred to herein as Trade Secret 1, Trade Secret 2, Trade…
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Statistics Expert Witness’ Damages Calculation Limited Because She Included Extended Gap Periods in Her Analysis
Defendant, New Prime, Inc., is a commercial trucking company, and its drivers are required to have a Commercial Driver’s License (“CDL”). It designates its CDL-licensed drivers as A seat, B seat, and C seat. B and C seat drivers are paired with an A seat driver until they attain enough experience to be an A…
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Construction Expert Witness’ Damages Analysis Admitted Despite Late Disclosure
This case stems from a 2022 subcontract between HBonilla (Plaintiff) and Defendant Ragle, Inc. (“Ragle”) for HBonilla to perform work for the City of Dallas. In 2023, Ragle claims it discovered that HBonilla had been overbilling for its work. After a dispute, HBonilla stopped working on the project and filed a lawsuit against Ragle and…
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Court Approves of Economics Expert Witness’ Ex Ante Approach to Damages Calculation
Plaintiffs are a group of current and former KCS employees working as conductors and engineers, collectively referred to as Train, Engine & Yard (“TE&Y”) employees by the parties. They alleged an FMLA (Family and Medical Leave Act) discrimination claim based on KCS’s practice of placing on-call employees at the bottom of job boards (i.e., at…
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Trust and Estate Expert Witness’ Copilot-Generated Damage Estimate Rejected
Michael S. Weber (hereinafter the “Decedent”) died a resident of Saratoga County on December 7, 2003. He included rental property worth $485,000 in a trust for the deceased man’s son. The deceased man’s sister was responsible for executing the trust. The Court is supposed to assess if the executrix and trustee—the deceased man’s sister—breached her fiduciary…