How Meaden & Moore Challenged a $5M+ Speculative Damages Claim
See how Meaden & Moore’s forensic accounting expertise helped uncover financial inaccuracies and strengthen a legal defense in a manufacturing claim dispute.
When financial disputes involve speculative damages claims, having a trusted forensic accounting team is critical. In this case, a manufacturing company sought over $5 million in damages, claiming lost revenue due to equipment downtime. However, Meaden & Moore’s forensic analysis revealed that the claims were based on hypothetical scenarios rather than actual losses, allowing the insurance company to successfully challenge the claim.
In this success story, we go over:
- The Power of Data-Driven Financial Analysis: Learn how our review of financial records, operational data, and bid proposals uncovered key weaknesses in the claim.
- How We Evaluated Speculative Lost Revenue Claims: See how we assessed whether the manufacturing equipment was truly integral to the alleged lost opportunities.
- How Meaden & Moore Provided Clear, Actionable Insights: Find out how our financial reporting strengthened legal arguments and simplified complex data for the legal team.
- The Impact of Our Findings: Understand how our objective analysis reduced the damages claim to $0, avoiding inflated payouts and strengthening the case.