Going Concern readers are probably familiar with the Hulk Hogan sex tape scandal and the $150 million in damages that a Florida jury awarded the Hulkster last month after he sued Gawker. But you may not know that a forensic accountant/valuation expert played a key role in determining the amount of the award. The expert used a method I'd never heard of before to value Gawker based on average monthly unique users. You can read a breakdown of his approach here. So, I put it to the GC brain trust: is this a credible way to value a web site and calculate damages?
Related Posts
Whats is worse: being a lawyer or accountant
- Midwest Tax
- February 24, 2015
Interested to see comments from B4V and others here: http://abovethelaw.com/2015/02/whats-worse-being-a-lawyer-or-an-accountant/
Share this:
Waiting for Hiring Decision: BIG 4 ADVISORY
- Kicking Assets and Taking Names
- October 23, 2017
Everyone! I interviewed Friday morning at a Big 4 for an Associate position in their […]
Share this:
NJ Law and Ethics
- Ironman32
- June 7, 2017
I’m a CPA working in a non-accounting field (equity research). I have all my CPE […]