Seth Fliegler

Seth has been involved in numerous dispute matters advising clients on a wide variety of topics, including valuation, solvency, commercial and economic damages, and fraud investigations. Seth also has experience in antitrust and intellectual property litigation consulting from his prior work at an economic consulting firm.

Currently, he is leading the analytical team supporting Kroll testifying expert retained to serve on behalf of the Trustee for the substantively-consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC to analyze the world's largest Ponzi scheme.

Seth has testified and consulted in a broad range of industries and matters, including the following sample engagements:

Business Valuation

• Testified on the determination of value of a mortgage due diligence firm
• Testified regarding the alleged diminution in value of a bank as a result of fraudulent actions

Shareholder Disputes

• Issued business valuation report stemming from a dispute between equity shareholders at a firm in the consumer products industry

Commercial Damages/Breach of Contract

• Testified regarding damages to New York State resulting from a breach of contract by a state vendor
• Testified on the loss of investment value to a government employee’s retirement fund

Forensic Accounting

• Testified with respect to the flow of funds in an alleged securities fraud

Solvency Analyses/Fraudulent Transfers

• Consulted with respect to valuation and solvency in a fraudulent conveyance claim of a real estate development company

Post-Acquisition Disputes

• Provided expert consulting regarding the impact on an acquisition price after it was determined that financial fraud was conducted by the target company

Seth is a frequent author and has published articles focusing on business valuation.

Prior to joining Kroll, he was a vice president in the Global Equities New Product Development group of Banc of America Securities (BAS). Prior to BAS, Seth was a senior economic analyst in the Policy and Analysis division of the Federal Reserve Bank of New York, where he focused on domestic and international capital policy, including membership on various international regulatory committees addressing Basel II. He received his MBA in finance at the Wharton School of Business at the University of Pennsylvania and his M.A. in international studies from the Lauder Institute at the University of Pennsylvania. Seth received his B.A. in economics and French, magna cum laude, from the University of Pennsylvania. He’s also a Certified Valuation Analyst (CVA), Certified Fraud Examiner (CFE), and Master Analyst in Financial Forensics (MAFF).