Michael J Wallace has more than 35 years of financial, economic, accounting and damages experience. He has been appointed as an expert on more than a hundred cases.
Michael has testified as an expert in more than 25 trials and arbitrations and over 65 depositions on finance, accounting, and economic damages matters in US federal and state courts as well as international and domestic arbitrations. He has prepared and analysed hundreds of economic damages claims across a wide variety of industries and practice areas.
Michael has extensive consulting experience including analyzing the financial condition and performance of businesses through review of financial statements, public disclosures, accounting information, operational reports, and other business records. He has worked across a broad variety of practice areas including commercial litigation, construction, energy and regulated industries, entertainment and sports, financial institutions, government contracts, health care, asset management, intellectual property, and real estate.
Michael’s expertise includes lost profits, disgorgement, business valuation, false claims, breach of contract, intellectual property, contingent compensation, cost allocation, and statistical analyses. This includes providing formal and informal presentations to Department of Justice, Defense Contract Audit Agency, and Defense Criminal Investigative Service regarding defective pricing and false claims issues. He has extensive experience in the interpretation and application of financial and accounting principles and standards in regulatory and contractual settings.
Michael holds an MBA in finance and accounting and a degree in mechanical engineering and has delivered seminars regarding program and contract changes, and valuation, licensing and economic damages relating to trademarks. He is a non-lawyer member of the American Bar Association and the State Bar of California.
