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Jeffrey J. Stern is a Certified Public Accountant and a Director of Litigation and Valuation Services of Lazar Levine & Felix LLP. Mr. Stern specializes in litigation support services and provides forensic, consulting valuation and expert witness testimony for trial lawyers. His experience covers diversified industries such as professional service firms, construction, engineering, manufacturing and distribution.
Mr. Stern received a B.A. Degree from The City University of New York at Queens College in 1975, and has been licensed as a Certified Public Accountant in New York State since 1978.
Mr. Stern holds the American Institute of Certified Public Accountants' designation of Accredited in Business Valuation (ABV). He also holds the designation of Diplomate of the American Board of Forensic Accountants and has completed Principals of Business Valuation Examinations (parts one through four) of the American Society of Appraisers.
Prior to specializing in litigation support services, Mr. Stern was a Senior Manager of an accounting firm in charge of that firm's quality control for accounting and auditing services. In addition, he provided auditing, tax and consulting services to the firm's clients.
Mr. Stern regularly attends and participates in seminars relating to such areas as divorce taxation, quantitative analyses in litigation, fraud detection, the valuation of professional practices and family limited partnerships, and damages.
Affiliations and Committee Work:
Member of American Institute of Certified Public Accountants
Member of New York State Society of Certified Public Accountants
Diplomate of the American Board of Forensic Accountants
Candidate member of the American Society of Appraisers
President of the National Litigation Support Services Association (NLSSA), currently comprised of approximately 30 CPA firms throughout the U.S., which specialize in forensic accounting, consulting and expert services for trial lawyers
Past member of the New York State Society of Certified Public Accountants' ("NYSSCPA") Accounting in Review Service Committee, Financial Accounting Standards Committee, and Auditing Standards Committee
Selected Previous Representations:
Valuation of licenses in connection with equitable distribution
Valuation of numerous companies for purposes of a buy/sell agreement
Valuation of numerous businesses in connection with matrimonial actions
Determination of damages associated with the misappropriation of trade secrets and patent infringement
Valuation of various real estate operating companies for estate planning purposes
Valuation of developmental stage internet companies for management planning purposes
Asset tracing in connection with matrimonial actions to evaluate separate property claims, including separate property claims arising from a personal injury award, inheritance, premarital property, and post-commencement earnings
Reconstruction of lifestyle to evaluate support claims in connection with matrimonial actions
Reconstruction of sources and amounts of cash flow indicated o determine annual cash flow available for investment and lifestyle in connection with matrimonial actions
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