After Dr. McClave presented his analysis of damages arising from price fixing of polyurethane chemicals to a federal jury in Kansas City, Kansas, the jury reached a $400 million verdict against Dow Chemical in February 2013. Other Defendants in this class action case had previously settled with the class. The $400 million verdict against Dow was trebled, and U.S. District Judge, John Lungstrum entered a judgment against Dow in the amount of $1.06 billion. Dow appealed the judgment all the way to the U.S. Supreme Court. While Dow’s Supreme Court petition was pending, the two sides settled the case for $835 million, bringing the litigation to a close and the settlement value close to $1 billion.
Based in part on Dr. McClave's testimony concerning damages arising from defendants airlines' global price fixing conspiracy, class certification was granted to thousands of direct purchasers of air cargo shipping services in the summer of 2015. The Info Tech team analyzed more than 30 million transactions with data from nearly all of the 28 defendants around the globe. By the spring of 2016 the class had reached settlements with all defendants for more than $1.25 billion.
Class certification was granted in 2015 to over 5,500 direct purchasers of steel products. Dr. McClave and his team analyzed millions of sales transactions, conducted a damage analysis in support of the class and presented testimony at the class certification hearing. By fall 2016 settlements had been reached with all defendants, totaling more than $193 million.
Info Tech’s Consulting Division provides consulting services and expert testimony in the areas of statistics, econometrics, finance, economics, and epidemiology. This unique team of professionals, led by Dr. James T. McClave, is nationally known for its work and is unmatched in its expert ability to apply the scientific method and to report the results clearly and professionally. Simple graphical depiction and concise explanation of complex concepts makes Info Tech’s work invaluable to clients. The diversity of the clients for the Consulting Division is a true testament to the success of this team. Contact us to learn more. We are always looking for top talent to join our team in a staff role or as an affiliate. Our Consulting Careers page has more information about our open positions and opportunities.
Info Tech’s Consulting Division provides consulting services and expert testimony in the areas of statistics, econometrics, finance, economics, and epidemiology. This unique team of professionals is nationally known for its work and is unmatched in its expert ability to apply scientific methods, and to report the results clearly and professionally. Simple graphical depiction and concise explanation of complex concepts make our work invaluable to clients. The diverse customer base for the Consulting Division is a testament to the success of this team.
Info Tech specializes in scientific research and analysis for both plaintiff and defense counsel. Our large, diverse professional staff has decades of experience in presenting statistical and econometric expert witness testimony in complex litigation in the areas of antitrust, employment discrimination, environmental analysis, business valuation, intellectual property, patent and trademark infringement, and health care fraud.
We have experience in developing methodologies for analyzing various antitrust claims, in industries ranging from dairy processors to highway construction. The team of consultants has been involved in the analysis of numerous price-fixing conspiracies and sealed-bid market dynamics, including fraud. We have assisted clients in recovering hundreds of millions of dollars in settlements and awards. View antitrust case summaries.
Info Tech has in-house expertise in undertaking statistical and econometric analyses to support both the liability and damage phases of cases involving allegations of discrimination in hiring, promotion, and termination. View employment and labor case summaries.
Risk assessment, epidemiological analysis to evaluate causation, environmental impact assessments, and air/water quality modeling are at the heart of Info Tech’s biostatistical experience and expertise. Our work in product liability cases, establishing EPA pollution standards, and developing sound statistical methods for environmental monitoring has proved invaluable to our clients. View biostatistical / environmental analysis case summaries.
The extensive econometric and statistical experience of our analysts enables the team to undertake research and analysis of economic damages due to breach of contract, patent and trademark infringement, tortuous interference, wrongful termination, theft of intellectual property, and other illegal trade practices. Info Tech has performed full or partial valuations of businesses ranging from family-owned enterprises to publicly traded companies. View business valuation / economic damages case summaries.
Info Tech has been involved for decades with the US Department of Justice and the US Attorney’s Offices to conduct medical claims sampling and to estimate damages due to Medicare and Medicaid fraud. We have developed data warehousing and statistical techniques to assist agencies responsible for public health care expenditures and enable them to anticipate and react to new legislation, as well as to detect and measure fraud and abuse by health care providers. View health care case summaries.
Info Tech has used advanced computer programming techniques to retrieve and manage data from state and federal agencies, small businesses, and Fortune 500 corporations. The confidentiality of all data provided to us is protected by our high-level security procedures. If clients do not have access to the appropriate data, our research staff has the experience necessary to identify the type of information most suitable for the client and to acquire data from publicly accessible sources.
To learn more about results produced by this team in various cases, please click on the links below.
Bayard Wickliffe Heath Memorial Lecture Series at the University of Florida Levin College of Law
This lecture series was established in 2010 in honor of Bayard Wickliffe "Wick" Heath, a former member of Info Tech's consulting team. Mr. Heath was an invaluable member of the consulting team for nearly two decades and was innovative and passionate about his work in the antitrust arena. At the inaugural lecture where Professor Herbert Hovenkamp spoke about antitrust policy, Dr. McClave spoke about his colleague stating, "There were no eight hour days for Wick, whether he was working for a state agency or for Info Tech. He was an around-the-clock kind of guy once he got into a case." Since 2010, the Lecture series has been honored to have prestigious speakers address cutting edge topics in the field of antitrust. Dr. Leslie Marx, the Robert A. Bandeen Professor of Economics at Duke University, will be the keynote speaker for the lecture series on January 23, 2017.
Mr. Heath joined Info Tech in 1990 and served as Senior Antitrust Consultant for 18 years. Mr. Heath specialized in forensic economic transactional analysis, investigation and litigation support, and extensive use and development of tailored automated analysis systems. Prior to joining Info Tech, Mr. Heath was a prosecuting attorney for 14 years, the last eleven years of which were devoted to the investigation and litigation of public purchase bid rigging conspiracies.
The Heath Memorial Lecture Series is made possible by gifts from Inez Heath, Ph.D., widow of Bayard "Wick" Heath and the Robert F. and Patricia J. Lanzillotti Family Fund. For further information on this lecture series, please contact William Page at the Levin College of Law at the University of Florida.
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