FTI Consulting Professionals Honored by Intellectual Asset Management Magazine as Leading Patent Litigation Expert Witnesses Vincent A. Thomas and Stephen D. Prowse Recognized in the Patent 1000 - The World's Leading Patent Professionals Guide
WASHINGTON, June 23, 2014 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that Vincent A. Thomas and Stephen D. Prowse, Senior Managing Directors in the Company's Forensic and Litigation Consulting segment, were among the list of industry leaders honored in Intellectual Asset Management ("IAM") magazine's Patent 1000 – The World's Leading Patent Professionals guide. They were both recognized among the leading patent litigation expert witnesses in the United States.
The IAM Patent 1000 – The World's Leading Patent Professionals is a unique guide that identifies the top patent practitioners in key jurisdictions around the globe. Over a period of five months, IAM conducted more than 1,500 telephone interviews with numerous attorneys at law, patent attorneys and in-house counsel to gather market intelligence on the leading players in the field. Individuals qualify for a listing in the IAM Patent 1000 – The World's Leading Patent Professionals when they receive sufficient positive feedback from peers and clients with knowledge of their practice and the market within which they operate.
"Vince and Steve are both strong, fundamental leaders who bring an outstanding sense of dedication and drive to FTI Consulting," said Neal Hochberg, Global Leader of the Forensic and Litigation Consulting segment at FTI Consulting. "FTI Consulting has been able to deliver our clients winning results for the most complex, multi-jurisdictional engagements, due to strong expert witnesses like Vince and Steve. I would like to applaud them on this well-deserved recognition."
Mr. Thomas is the Co-Leader of FTI Consulting's Intellectual Property practice. He has more than 25 years of experience assisting companies and clients with complex economic and valuation issues and focuses on the assessment of damages in matters involving various types of intellectual property. Over the course of his career, Mr. Thomas has provided expert testimony in hundreds of matters in state and federal courts across the country as well the International Trade commission. He also holds several valuation credentials and has significant experience valuing patents, trademarks, copyrights and trade secrets.
Dr. Prowse is a Ph.D economist with over 20 years of experience in providing economic, financial and valuation analysis to companies. He specializes in assessing economic damages in intellectual property matters, including patent infringement, copyright, false advertising and trade secrets cases. He has calculated reasonable royalties, lost profits, lost convoyed sales, damages through price erosion and unjust enrichment, and has performed price elasticity of demand studies in such cases. Dr. Prowse has performed such analyses in hundreds of disputes and has provided expert testimony in state and federal courts across the country as well as in international and domestic arbitration matters. He has also directed numerous valuation projects related to patents, copyrights, trademarks and trade secrets.
The complete listing of the IAM Patent 1000 – The World's Leading Patent Professionals in the United States can be accessed here: http://www.iam-magazine.com/patent1000/rankings/Detail.aspx?g=36efaef3-440d-40de-a543-c838fbaf2d87.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.65 billion in revenues during fiscal year 2013. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
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