Measuring damages in litigated disputes is a complex endeavor. Determining with reasonable certainty the measure of economic harm suffered requires the ability to create and measure alternative economic scenarios, the evaluation of theories of damages, and the evaluation of causation issues.

The following anecdotes illustrate the types of damage-related matters in which we have provided expert assistance:

• On behalf of the US Department of Justice, Veris has provided analysis and expert testimony in several engagements defending the Department of Energy against claims involving hundreds of millions of dollars related to the costs associated with the storage of spent nuclear fuel.
• In litigation involving asserted contractual breaches related to global positioning satellite systems in the U.S. aviation industry, we constructed a lost-profits model and presented that model at trial. The jury awarded damages based entirely on our model.
• We have evaluated a variety of damages considerations involving the assertion of so-called "deepening insolvency" as a theory of damages. In that regard, we have constructed and evaluated models that sought to measure the difference between actual results and but-for results.
• In connection with disputes involving insurers and offshore reinsurers, we conducted an analysis of underlying claims and developed a model to project the population of valid claims as well as the cash flows related to those claims. We provided testimony at arbitration of this matter; the arbitration finding resulted in a monetary award matching the results of our analysis.