A fiduciary duty is an acceptance of responsibility to act in the best interests of another person or entity.  For example, a lawyer owes a fiduciary duty to their clients, and an employee may have a fiduciary duty or loyalty to an employer.   A breach of fiduciary duty occurs when a principal fails to act responsibly in the best interests of a client.  Misrepresentation is a false statement of a material fact made by one party, which affects the other party’s decision in agreeing to a contract.  Lastly, negligence claims result when someone acts in a careless way and causes an injury to another person.

CHS has significant experience in quantifying damages and profits in matters involving breach of fiduciary duty, misrepresentations, and negligence.  For example, CHS has quantified the plaintiffs’ damages and the defendants’ profits in matters where employees were found to have breached their fiduciary duties when they left the plaintiff company and joined the defendant company.  CHS has also quantified losses in matters involving alleged negligence by lawyers in drafting agreements and in undertaking other activities on behalf of their clients.