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Valuation and Strategic Consulting Specialist Joins Marks Paneth & Shron LLP's Litigation and Corporate Financial Advisory Services Group
Donald M. May, Ph.D., CPA, Former M.I.T./Sloan School of Management Professor, Joins Group as a Director; Brings Significant Strategic Consulting Experience on Sophisticated Valuation and Litigation Matters
| Source: Marks Paneth & Shron LLP
NEW YORK, NY--(Marketwire - January 25, 2010) - Leading New York-area accounting firm Marks
Paneth & Shron LLP (MP&S) announced today that Donald M. May, Ph.D.,
CPA, 49, a valuation specialist with nearly twenty years of experience
in industry, academia and public accounting and deep expertise in
litigation and strategic consulting has joined the firm as a director in
the MP&S Litigation and Corporate Financial Advisory Services Group. Dr.
May will be based in MP&S's Manhattan headquarters.
Dr. May comes to MP&S from leading global consulting and accounting firms
including a Big Four firm and most recently Experts-on-Experts LLC, a New
York-based litigation support firm where he served as Managing Partner and
economic advisor to law firm clients across various industries on
valuation, lost profits, opposing expert reports and deposition and trial
preparation. Earlier in his career, Dr. May was an Assistant Professor in
the Sloan School of Management at the Massachusetts Institute of Technology
where he published research and taught MBA and Ph.D. level classes in
economics, accounting, financial statement analysis and statistics.
"We're delighted to welcome Donald to our practice," said Steven L.
Henning, CPA, partner-in-charge of the Litigation and Corporate
Financial Advisory Services Group at Marks Paneth & Shron. "Don's vast
experience developing and implementing asset valuation as well as preparing
expert reports and witness testimony will bring tremendous value to the
litigation services we offer our clients. In addition, Don's teaching
background at one of the leading business schools underscores the
increasingly sophisticated needs of our client base in this space."
Dr. May brings to MP&S his experience preparing expert reports and expert
witness testimony related to business valuation, hedge fund valuation, lost
profits, lost enterprise value, time-series forecast models, asset and
investment portfolio valuation and statistical forecasting models and
methodologies. Dr. May also brings to MP&S experience developing and
implementing firm wide training programs for estimating the cost of capital
and valuation techniques.
More about Donald M. May, Ph.D., CPA
Dr. May was on the faculty at the Sloan School of Management from 1993
through 1998 and earlier at Loyola University of Chicago from 1991 until
1993. He holds a Ph.D. and MBA in finance, economics, econometrics and
statistics from the University of Chicago and is licensed to practice
public accounting in Illinois. Dr. May has been published in numerous trade
and business journals and is a member of the American Finance Association,
the American Economic Association and the American Accounting Association.
Dr. May resides in Mount Kisco, NY.
About Marks Paneth & Shron
Marks Paneth & Shron LLP is an accounting firm with nearly 500 people,
approximately 70 of whom are partners and principals. The firm provides
businesses with a full range of auditing, accounting, tax, bankruptcy and
restructuring services as well as litigation and corporate financial
advisory services to domestic and international clients. The firm also
specializes in providing tax advisory and consulting for high-net-worth
individuals and their families, as well as a wide range of services for
international, real estate, media, entertainment, nonprofit, professional
and financial services and energy clients.
The firm's subsidiary, Tailored Technologies, LLC, provides information
technology consulting services. In addition, its membership in JHI, the
leading international association for independent business advisers,
financial consulting and accounting firms, facilitates service delivery to
clients throughout the United States and around the world.
Marks Paneth & Shron LLP, whose origins date back to 1907, is the 32
largest accounting firm in the U.S., and the 13th largest in the New York
area. Its headquarters are in Manhattan. Additional offices are in
Westchester, Long Island and the Cayman Islands. For more information,
please visit www.markspaneth.com.