Asterion Consulting

Asterion, Inc. (“Asterion”) has extensive experience providing consulting and forensic investigation services in white collar crime and other fraud matters.

Do You Require:

Assistance in following the money through complex financial transactions?

Assistance with a forensic accounting or a matter involving an alleged fraud or financial crime?

Evaluation of loss for purposes of sentencing guidelines?

Assistance in determining ability to pay a forfeiture or other economic penalty?

Determination of whether transactions are compliant with regulatory provisions, including Stark guidelines?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to analyze and quantify value, or the economic impact of various situations on a business, so appropriate decisions can be made. Our experts will document, present and defend their findings as part of a negotiation, board presentation, regulatory presentation, or as an expert witness in arbitration proceedings or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Our team has conducted investigations for defendants, as well as numerous governmental entities, including:

US attorneys

IRS

US PS OIG

DE Department of Banking

PA Attorney General

City of Philadelphia

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience in Forensic, Valuation and IP services in both dispute and transaction settings. We work with public accounting firms to assist their clients in situations when there are ethical or business conflicts.

Do you have a matter:

Where there is a “business divorce” and your firm represents the business or more than one of the parties in dispute?

Where a client needs a valuation but you perform attest work and are precluded from assisting the client?

In which your client is looking for an arbitrator or a neutral consultant in a business dispute or negotiation?

In which a client needs a royalty or contract compliance “audit” and you have a business relationship with some of the other parties?

Where there is a need for a forensic examination of an issue where your firm does attest work and has an appearance of a conflict or actual conflict?

In which an attest client needs expert witness services?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to analyze and quantify value, determine the economic impact of various situations on a business, or perform a forensic investigation. Our members will document, present and defend their findings as part of a negotiation, board presentation, insurance claim, or as an expert witness in arbitration proceedings or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience providing services in fiduciary roles such as trustee, receiver, examiner, plan administrator, liquidating trustee, disbursing agent, claims agent or replacement plaintiff.

Do you have a matter:

That requires someone to operate a property or business because owners, lenders, creditors or other parties in interest have lost faith in the existing management?

Where the business is suffering due to disputes among existing owners and an independent advisor is needed to maximize profits and value?

Where the books and records are in such disarray that a forensic accounting investigation is required to determine the true economic situation?

Where the operations have been mismanaged and professional advice is required to stabilize the business?

That requires an exit strategy or liquidation plan?

Qualified Experts

Members of our team have extensive experience in fiduciary roles and have been appointed by Federal and state courts as trustee, receiver, examiner, plan administrator, liquidating trustee, disbursing agent, claims agent or replacement plaintiff. Our team of professionals has worked through the acquisition, management, foreclosure and liquidation process for many assets and businesses.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Turnaround Professional

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Insolvency and Restructuring Advisor

Certified in Distressed Business Valuation

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience providing expert and consulting advice related to professional negligence damages, as well as accounting malpractice liability and damages, including adherence to applicable professional standards.

Consulting Services

Asterion assists businesses and their legal advisors to navigate the financial and economic complexities related to professional negligence claims. Members of the Asterion team apply their professional experience in confidential consulting and supporting roles or as testifying experts. Asterion consultants:

Evaluate damage models and prepare exposure analyses prior to and after filing.

Analyze documents prior to and during discovery.

Evaluate economic and industry conditions and their impact on the damage calculation.

Analyze and model the impact of different scenarios and their effects on damages.

Assess exit strategies.

Testify in depositions and at trial.

Additional Services for Accounting Malpractice Claims

Assess adherence to applicable professional standards.

Prepare certificates of merit.

Evaluate causal issues related to claims.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Internal Controls Auditor

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified in Distressed Business Valuation

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has experience in assisting businesses, funds, law firms and individuals when business owners are in dispute with their fellow owners.

Do you:

Need to know the value of your business or share of the business?

Need to understand what each owner is taking out of the business?

Need to determine a solution to divorce yourself from the other business owners?

Need someone to act as a neutral so owners can resolve their financial disagreements?

Need assistance in determining how to fund the buyout of other ownership interests?

Asterion can help with:

Preparing a business for sale from a financial perspective.

Forensic analyses of cash flows and money being removed from the business.

Valuation analyses and determination of fair market value.

Quantifying the financial impact of potential transactions.

Structuring the most efficient buyout alternative.

Discovery requests, including document requests, depositions and interrogatories.

Quantifying damages, from shareholder oppression, breach of fiduciary duty to fraud or other causes of action.

Review and rebuttal of opposing expert reports.

Settlement analyses and expert witness testimony.

Qualified Experts

Our experts will document, present and defend their findings as part of a negotiation, board presentation, formal report, or as an expert witness in arbitration proceedings, or in state or Federal courts. Members of the Asterion team have testified on behalf of both Plaintiffs and Defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified in Distressed Business Valuation

Certified Fraud Examiner

Certified in Financial Forensics

Certified Licensing Professional

Certified Internal Controls Auditor

Asterion, Inc. (“Asterion”) has experience in assisting businesses, funds, law firms and individuals before, during and after a merger or acquisition transaction.

Do you:

Need to know the value of your business or a potential acquisition target?

Need to understand the quality of reported earnings?

Need an allocation of the purchase price?

Need assistance with determining proper working capital or other post-closing adjustments?

Need assistance in determining the financial impact of a breach of representation or warranty made at closing?

We can help with:

Preparing a business for sale from a financial perspective

Financial due diligence, including quality of earnings analyses

Evaluation of existing financial systems and controls

Valuation analyses and determination of fair market value

Quantification of the financial impact of anticipated synergies

Purchase price allocation and impairment testing

Discovery requests, including document requests, depositions and interrogatories

Quantification of damages, such as losses from a breach of representation or warranty, fraud or other cause of action

Review and rebuttal of opposing expert reports

Settlement analyses and expert witness testimony

Qualified Experts

Our experts will document, present and defend their findings as part of a negotiation, board presentation, formal report, or as an expert witness in arbitration proceedings, or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Certified Internal Controls Auditor

Certified Turnaround Professional

Asterion, Inc. (“Asterion”) has experience in the quantification of economic damages sustained by businesses, individuals and families who have suffered lost earnings resulting from tort and contractual claims, including personal injury, wrongful death and wrongful termination.

Do you have a matter with complicated earnings such as:

Compensation to a business owner-operator taken through distributions?

Stock options or awards?

Compensation that is contingent upon certain events occurring or is performance-based?

Do you require review of an opposing expert report that:

Appears to make unsupported claims or projections?

Appears to contain inaccuracies or mathematical errors?

Appears to ignore historical information?

Fails to disclose its sources of information?

We can help with:

Discovery, including document requests, depositions and interrogatories

Lost earnings determinations based on analyses of economic and industry conditions

Quantification of lost benefits including valuation of stock options

Quantification of other damages such as lost household services, medical and other expenses

Review and rebuttal of opposing expert reports

Provision of analyses and advice on valuation, economic and tax

Settlement analyses and expert witness testimony

Qualified Experts

Our experts will document, present and defend their findings as part of an insurance claim or negotiation, or as an expert witnesses in arbitration proceedings, state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Public Accountant

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience providing expert and consulting advice related to the financial and economic issues of evaluating intellectual property (“IP”).

Consulting Services

Asterion assists businesses and their legal advisors to navigate the financial and economic complexities related to IP disputes. Members of the Asterion team apply their IP testimony expertise in a confidential consulting and supporting role. Asterion consultants:

Evaluate damage models and prepare exposure analyses prior to filing.

Determine the incremental value of the technology in dispute.

Analyze documents prior to and during discovery.

Work with technical consultants to evaluate non-infringing alternatives and potential design-around options.

Develop allocation and apportionment methodologies for royalty models.

Evaluate economic demand for patented features/technology.

Analyze and model the impact of different royalty structures on risk shifting and economic exposure.

Develop and model settlement scenarios and exposures.

Assess exit strategies.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Licensing Professional

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Insolvency and Restructuring Advisor

Certified in Distressed Business Valuation

Asterion, Inc. (“Asterion”) has extensive experience providing consulting and valuation advice to the healthcare industry.

Do you require:

The valuation of a practice, practice area or business which is going to be purchased or sold?

Determination of fair market value for Stark or other regulatory compliance in the negotiation of a contract?

Confidence that the compensation or net income guarantee paid to your staff is Stark compliant?

Assistance in determining whether fees and charges are at fair market value?

Financial analysis or consulting due to disputes amongst owners of the business?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to analyze and quantify value, or the economic impact of various situations on a business, so appropriate decisions can be made. Our experts will document, present and defend their findings as part of a negotiation, board presentation, regulatory presentation, or as an expert witness in arbitration proceedings or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Valuation Analyst

Certified in Distressed Business Valuation

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Licensing Professional

Certified Insolvency and Restructuring Advisor

Asterion, Inc. (“Asterion”) has extensive experience providing consulting services to parties in interest in bankruptcy proceedings.

Do you need help with:

Preparing financial projections, a plan or a disclosure statement?

Financial testimony at bankruptcy hearings?

Determining solvency/insolvency?

Fraudulent transfer actions?

Preference, turnover or other avoidance actions?

Objections, including to claims or debtor discharge?

Valuation of intellectual property?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to assist in the distressed businesses arena and to develop alternative strategies to deal with these challenging issues. Our members will document, present and defend their findings as part of a negotiation, board presentation, regulatory presentation, or as an expert witness.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business, economics and finance. We have worked in C-level positions at various organizations and have served as loan workout officers or restructuring advisors for numerous clients. We can assist you during this uncertain time. Our professionals possess numerous certifications, including:

Certified Insolvency and Restructuring Advisor

Certified in Distressed Business Valuation

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Certified Turnaround Professional

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience providing forensic, valuation and consulting services to family law attorneys and their clients.

Do you have a matter with complicated assets such as:

A closely-held business, partnership, limited partnership or LLC?

Stock options or awards?

Retirement assets and other investment accounts?

Assets which may have been earned before the marriage or after the date of separation?

We can help with:

Requesting the right documents to get the information needed to answer the questions that should be asked.

Determining the correct allocation of marital versus non-marital assets;

Uncovering hidden assets;

Searching for unreported income from a cash business;

Calculating net income available for support;

Lifestyle analysis;

Determining net worth; and

Asset tracing.

Valuation of businesses of all sizes;

Calculation of appreciation in the value of the business during the marriage;

Determination of reasonable compensation; and

Analysis of benefits and perquisites to the business owners.

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to analyze and quantify value, or the economic impact of various situations, so appropriate decisions can be made. Our members document, present and defend their findings as part of a negotiation or mediation, or as an expert witness in arbitration proceedings and various domestic relations forums.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Certified Insolvency and Restructuring Advisor

Certified in Distressed Business Valuation

Asterion, Inc. (“Asterion”) has extensive experience providing consulting services to businesses that are in financial distress.

Has your business:

Identified the need to replace its credit facilities due to lender fatigue?

Been placed in the loan workout department or under a forbearance agreement with your lender?

Been unable to supply product or services to its customers?

Been unable to get timely delivery from suppliers?

Faced increased costs in order to continue to serve its customers?

Lost opportunities to bid, propose or obtain new business from existing or new customers?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to assist in restructuring your business and to develop alternative strategies to deal with these stressful issues. Our members will document, present and defend their findings as part of a negotiation, board presentation, regulatory presentation, or as an expert witness.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance. We have worked in C-level positions at various organizations and have served as loan workout officers or restructuring advisors for numerous clients. We can assist you during this uncertain time in your business. Our professionals possess numerous certifications, including:

Certified Turnaround Professional

Certified Insolvency and Restructuring Advisor

Certified in Distressed Business Valuation

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience providing expert and consulting advice related to the financial and economic issues involved in commercial damages.

Consulting Services:

Asterion assists businesses and their legal advisors to navigate the financial and economic complexities related to commercial damages. Members of the Asterion team apply their expertise in a confidential consulting and supporting role, or as testifying experts. Asterion consultants:

Evaluate damage models and prepare exposure analyses prior to filing.

Analyze documents prior to and during discovery.

Evaluate economic and industry conditions and their effect on damage calculations.

Analyze and model the impact of different scenarios and their effects on damages, including,but not limited to, lost profits, unjust enrichment, and UCC damages.

Assess exit strategies.

Testify in depositions and at trial.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Certified Internal Controls Auditor

Certified Turnaround Professional

Asterion, Inc. (“Asterion”) has experience in assisting businesses, law firms and individuals during the class action process.

Do you:

Need assistance with evaluating class certification parameters including: numerosity,commonality, typicality, adequacy, fairness and efficiency of adjudication method?

Need to understand the quality of damages available to the various potential class members?

Need an economic model that properly assesses damages across a class?

We can help with:

Assessing damages and criteria for class certification from a financial point of view.

Developing financial models to accurately report damages across the class.

Analyzing documents prior to and during discovery.

Evaluating economic and industry conditions and their impact on the damage calculation.

Evaluating damage models and preparing exposure analyses.

Reviewing and rebutting of opposing expert reports.

Settlement analyses and expert witness testimony.

Claims processing and administration.

Qualified Experts

Our experts will document, present and defend their findings as part of a negotiation, board presentation, regulatory presentation, or as an expert witness in arbitration proceedings or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion, Inc. (“Asterion”) has extensive experience in the quantification of economic damages incurred from business interruption and various lost income events.

Has your business:

Been unable to supply product or services to its customers?

Been unable to get timely delivery from suppliers?

Faced increased costs in order to continue to serve its customers?

Lost opportunities to bid, propose or obtain new business from existing or new customers?

Been forced to close its doors on a temporary or permanent basis?

Qualified Experts

Members of our team provide the proper guidance and expertise necessary to analyze and quantify the economic impact these situations have on your business. Our experts will document, present and defend their findings as part of an insurance claim, or as an expert witness in arbitration proceedings, or in state or Federal courts. Members of the Asterion team have testified on behalf of both plaintiffs and defendants.

Experience and Knowledge

Members of the Asterion team have advanced degrees in business and finance and possess numerous professional certifications, including:

Certified Public Accountant

Certified Fraud Examiner

Certified in Financial Forensics

Certified Valuation Analyst

Accredited in Business Valuation

Accredited Senior Appraiser

Certified Licensing Professional

Asterion has extensive experience in the provision of expert and commercial advice related to the financial and economic issues surrounding Intellectual Property ("IP").

Asterion assists businesses and their legal advisors to navigate the financial and economic complexities related to contentious and non-contentious IP matters. Members of the Asterion team have qualified and testified as experts in Federal and state courts, as well as in alternative forums of dispute resolution.

Asterion professionals value intangibles and IP and are accredited in valuation by the American Institute of Certified Public Accountants, the National Association of Certified Valuators and Analysts and the American Society of Appraisers or hold the Certified Licensing Professional designation.

Asterion professionals work with licensors and licensees on issues surrounding the enforcement of royalty streams. Members of the Asterion team have assisted with the performance of licensing investigations and have worked with licensors to develop, implement and monitor license compliance programs.

IP DISPUTE ANALYSIS

Patent, Trademark, & Copyright Infringement

Misappropriation of Trade Secrets

Breach of Licensing Agreements

Transfer Pricing Disputes

False Advertising

Anti-Trust

IP Malpractice Claims

Counterfeiting

IP VALUATION

Patent Valuations

Trademark/Brand Valuations

Trade Secret Valuations

Licensing Transactions

Purchase Price Allocations

Impairment Testing

Valuations in Bankruptcy

Valuations of Non-Compete Provisions

Valuation of Franchise Rights

Valuation of Customer Lists/Relationships

Transaction Support

ROYALTY ENFORCEMENT & COMPLIANCE

Licensing Investigations

Franchise Investigations

Compliance Programs

Asterion, Inc. (“Asterion”) has extensive experience in the provision of valuation consulting services. Our professionals assist clients to establish the value of a business or asset in a variety of challenging situations, including mergers and acquisitions, financial reporting, restructuring and regulatory compliance. Members of our team have advanced degrees in business and finance and possess numerous business valuation credentials, including Accredited Senior Appraiser, Certified Public Accountant, Accredited in Business Valuation, Certified Valuation Analysts, Certified in Distressed Business Valuation and Certified Licensing Professional.

GENERAL BUSINESS VALUATION

Family Law

Buy/Sell Agreements

Purchase or Sale of a Business

Stock Options & Warrants

ESOPs

FINANCIAL REPORTING

Purchase Price Allocation (ASC 805)

Impairment Testing (ASC 350)

Fair Value Measurements (ASC 820)

Stock Based Compensation (ASC 718)

VALUATION DISPUTES

Acquisition Disputes

Shareholder Disputes

Destruction of Business Claims

Diminution in Value

Breach of Fiduciary Duty

Distressed Business Valuations

Solvency

Business Valuation Review

ESTATE & TAX

Estate & Gift Taxes

Transfer Pricing Studies

Family Limited Partnership

Discount Rate Analysis

Stock Based Compensation (409A)

HEALTHCARE VALUATION

Fair Market Value Opinions

Physician Compensation

Stark Compliance

Physician Practice Valuations

MERGERS & ACQUISITIONS

Fairness Opinions

Valuation Advice

Transactional Support

INTELLECTUAL PROPERTY

Patent, Trademark, Trade Secret and Brand

Licensing Transactions

Non-Compete Provisions

Franchise Rights

Customers Lists/Relationships

Workforce