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EconLitLLCEconomicandLitigationConsultingRandallR.Smith,MS,MBA,CMAMr.SmithisaDirectorwiththePhoenix,ArizonabasedfirmofEconLitLLC.HeisaneconomistandCertifiedManagementAccountantwithover14yearsexperienceinanalyzingcomplexissuesinvolvingeconomics,finance,andaccounting.Hehasconsultedforcompaniesinnumerousindustriessuchasaerospaceanddefense,communicationsandbroadcasting,retailsales,oilandgas,realestate,pharmaceuticals,transportation,andcomputersoftwareandservices.Mr.Smithisexperiencedinevaluatingcomplexfinancialtransactions,accountinginvestigations,privatecompanyvaluations,statisticalanalysisofdata,andthequantificationoflostrevenuesandprofits,lostmarketshare,andlostbusinessopportunities.SelectedExperienceI. AccountingInvestigationsInvestigatedandanalyzedaccountingrecords,transactions,andfinancialstatementspursuanttoaninvestigationbytheSecuritiesandExchangeCommissionregardingallegedearningsmanipulationsandpotentialviolationsoftheSecuritiesExchangeActof1934byaFortune100company.Investigatedthevalidityoffraudulentbillingallegationsintheinternationalairtransportindustry.Createdadatabaseandanalyzedover15,000shipmentsthatearnedover$30millioninrevenueduringafouryearperiod.II. AntitrustEvaluatedallegationsofanticompetitivepracticesbyaglobalcomputersoftwaredevelopertomaintainmonopolypositionsincertainsoftwaremarketsinanindirectpurchaserantitrustclassaction.Analyzedproductprofitability,bygeographicregionandchannel,withparticularemphasisonproductdevelopmentandmarketingcosts.Evaluatedandquantifiedeconomicdamagesforaproviderofdirecttohomesatelliteservicesduetoallegedanticompetitiveactionsofacompetitor.Researchedtherelevantmarket,generatedmarketandfinancialprojections,amarketshareanalysis,anddevelopedalostprofitsmodel.Evaluatedandquantifiedeconomicdamagesforaconstructioncompanyinvolvedintheinstallation,sale,andmaintenanceofnaturalgasrefuelingstationsarisingfromtheallegedanticompetitiveactionsofamonopolisticnaturalgasproducer.Researchedtherelevantmarket,generatedmarketprojections,andconductedamarketshareanalysis.Developedamicroeconomicmodeloftheaffectedmarket.
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