This case involves a plaintiff small business owner manufactured bathroom appliances with LED lights. The product became so popular that the small business owner could no longer keep up with the manufacturing on his own. The owner sold his business to a prominent domestic merchandise retailer and the business became a subsidiary of the large retailer. At the time of the sale, the plaintiff’s small business was bringing in roughly $5 million a year in sales. The plaintiff was promised royalties for 15 years and was projected to earn about $20,000 a month for the next 15 years. However, every year following the sale, the plaintiff’s earnings decreased. The defendants claimed that sales were declining. However, the plaintiff alleged that the defendants diverted money to themselves in order to avoid paying out the plaintiff.
Question(s) For Expert Witness
1. Please briefly describe your experience as a forensic accountant on similar matters.
2. Have you ever served as an expert witness for a similar matter?
Expert Witness Response E-126204
I have practiced in investigative and forensic accounting for three decades and have done investigations for many companies and individuals. I have served as an expert witness in cases involving shareholder disputes and allegations of deceit/diversion of funds.
Expert Bio:
This forensic accountant has been active in the field since 1990. He has worked extensively in fraud investigation and loss quantification for both criminal proceedings and civil litigation. He is a chartered accountant with a specialization in investigative and forensic accounting and serves as the senior managing director of a forensics firm. He previously served as the president of a forensic investigators association as well as the regional governor of an association of certified fraud examiners.
About the author
Victoria Negron
Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.
Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.
Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.
