A Dedicated Team. The Only One in Maine.

Litigation, Valuation, and Forensic Accounting

Our Litigation, Valuation, and Forensic Accounting Group — the only dedicated team of its kind in Maine — combines intelligence, experience, and unparalleled expertise to provide services that help clients navigate a range of challenges related to business disputes, valuation, fraud and investigations.

Our team of experts works with you to unwind complex legal and business issues, ensuring that each hurdle is properly managed.

The team, led by Marc Powers, CPA, CVA and Catherine “Cathy” Connolly, CPA, has played an influential role in successful outcomes for their clients.

Services Include:

• Litigation: We provide expert assistance in legal disputes, particularly in financial and accounting matters, by gathering and analyzing evidence, and helping to resolve cases through testimony, reports, or settlements.

  • Expert Testimony in Criminal and Civil Proceedings

  • Determination of Damages: Breach of Contract, Lost Profits, Lender Liability Suits, Business Interruption, Breach of Representations and Warranties related to Financial Reporting and Disclosures

  • Divorce

  • Partner / Shareholder Disputes

  • Purchase Price and Other Transaction Disputes

  • Post-Acquisition Working Capital Adjustments

  • Financial Reporting Fraud – Underlying Financial Statements

  • Earnouts and Related Financial Reporting

  • Private Equity Return on Investment Disputes

• Valuation: We determine the economic value of a business, asset, or intellectual property by applying specific methodologies and standards to estimate the worth of an entity for various purposes, including litigation, mergers and acquisitions, or tax planning.

  • Business Valuations

  • Mergers, Acquisitions, Purchase and Sales of Business Interests

  • S Corp Election

  • Corporate Dissolution or Recapitalization

  • Shareholder Buy/Sell Agreements

  • Strategic Business Planning

  • Family Limited Partnerships and Limited Partnerships

  • Lost Wages Calculations

• Forensic Accounting and Investigations: We examine financial records and transactions to detect fraud, financial discrepancies, or mismanagement. We combine accounting expertise with investigative skills to uncover hidden financial information, support litigation, or provide insights into alleged criminal activities.

  • Corporate Fraud Investigations

  • Compliance and Investigative Audits

  • Misappropriation of Assets (Embezzlement, Theft, Financial Fraud)

  • Financial Reporting Misstatements and Fraud (Revenue Recognition, Misreporting of Assets & Liabilities, Reserve Manipulation and Key Omissions)

  • Auditing Compliance with Government Contracts and Grant Requirements

Purdy Powers & Company has the experience you need to work through some of the most complex legal and business matters.

Let’s put our team to work for you.