ANNAPOLIS, Md., March 6 /PRNewswire/ -- FTI Consulting, Inc. (Amex: FCN),
the premier national provider of strategic and litigation-related consulting
services, today announced that Raymond T. Sloane has been appointed a managing
director in FTI's Forensic & Litigation Advisory practice in New York. Sloane
will work to expand the company's base among the major law firms in New York
City.
Sloane brings more than 23 years of litigation consulting, forensic
accounting and audit experience to FTI. He specializes in highly complex
commercial litigation involving fraud, damages and technical accounting and/or
auditing issues. He has served as a court-appointed expert in numerous
matters and has provided expert testimony on economic losses, securities
fraud, business valuations, professional malpractice and accounting issues.
"We are pleased to have someone of Ray's caliber help to expand our
important New York practice," said Jack Dunn IV, FTI's chairman and chief
executive officer. "We will continue to grow our firm by adding offices where
there is current client concentration, and staffing these offices with quality
people like Ray."
Sloane has experience with a broad range of industries, including
construction, financial services, food services, real estate, automobile
dealers, professional services, not-for-profit organizations, advertising,
manufacturing, wholesale, retail, healthcare and entertainment.
"I am looking forward to expanding FTI's practice because, unfortunately,
there is no shortage of work in the fraud area," Sloane commented. "FTI is
clearly the leader in forensic and litigation consulting. I have worked with
some of the company's senior management previously and I am excited about
rejoining them and bringing my expertise to a world-class organization."
Previously, Sloane was partner in charge of the litigation consulting and
bankruptcy services department at a large regional certified public accounting
firm with offices in New York City and on Long Island. Prior to that, he
served as the partner in charge of the litigation consulting division of
Spicer & Oppenhiem's New York office, where he was an SEC audit partner and a
partner in the technical research and review department.
"We are very excited to add someone with Ray's wealth of experience to our
firm," said Barry Monheit, president of the Financial Consulting Division.
"We have an outstanding team of professionals in place and expect Ray to
contribute immediately to our growth in his area of expertise."
Sloane has authored several articles appearing in legal and accounting
publications and has lectured for various groups, including the New York State
Bar Association, the Practicing Law Institute, and the Institute of Internal
Auditors. He holds a bachelor's degree in accounting from Hofstra University,
Hempstead, N.Y., and a J.D. from Fordham University School of Law, New York.
He is a Certified Public Accountant, a Certified Fraud Examiner, and holds
several Business Valuation designations. Professional memberships include the
American Bar Association, the New York State Bar Association, the American
Institute of Certified Public Accountants, the New York State Society of
Certified Public Accountants, the Association of Certified Fraud Examiners,
the American Society of Appraisers, the Institute of Business Appraisers, and
the International Association of Independent Private Sector Inspectors
General.
About FTI Consulting
FTI Consulting is a multi-disciplined consulting firm with leading
practices in the areas of bankruptcy and financial restructuring, litigation
consulting and engineering/scientific investigation. Modern corporations, as
well as those who advise and invest in them, face growing challenges on every
front. From a proliferation of "bet-the-company" litigation to increasingly
complicated relationships with lenders and investors in an ever-changing
global economy, U.S. companies are turning more and more to outside experts
and consultants to meet these complex issues. FTI is dedicated to helping
corporations, their advisors, lawyers, lenders and investors meet these
challenges by providing a broad array of the highest quality professional
practices from a single source.
This press release includes "forward-looking" statements that involve
uncertainties and risks. There can be no assurance that actual results will
not differ from the company's expectations. The company has experienced
fluctuating revenues, operating income and cash flow in some prior periods and
expects this may occur from time to time in the future. As a result of these
possible fluctuations, the company's actual results may differ from our
projections. Other factors that could cause such differences include pace and
timing of additional acquisitions, the company's ability to realize cost
savings and efficiencies, competitive and general economic conditions, and
other risks described in the company's filings with the Securities and
Exchange Commission.
For further information regarding FTI Consulting, Inc. free of charge via
fax, dial 1-800-PRO-INFO and enter "FCN"
FTI is on the Internet at http://www.fticonsulting.com and at
http://www.ftiwarroom.net .
SOURCE FTI Consulting, Inc.
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Related links:
http://www.fticonsulting.com
CONTACT:
Jack Dunn, Chairman & CEO of FTI Consulting,
Inc., 410-224-1483; or General Inquiries, Marilyn Windsor,
312-640-6692, or Analyst Inquiries, Doug Broderick, 312-640-6780,
or Media Inquiries, Tim Grace, 312-274-2240, all of The Financial
Relations Board
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