After Passing Daubert, Lost Profits Expert May Have Won Settlement for Client

Business Valuation UpdateVol. 17 No. 5
Legal and Court Case Update
May 2011

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Insignia Systems, Inc. v. News America Marketing In-Store, Inc.
2011 WL 167259 (D. Minn.)
January 14, 2011
US
Federal Court
Minnesota
United States District Court
Thomas Overstreet (plaintiff)
Tunheim

Summary

Federal district court denies Daubert challenge to plaintiff’s lost profits expert, finding his reliance on optimistic management projections and comparable companies were better suited for cross-examination rather than exclusion.

See Also

Insignia Systems, Inc. v. News America Marketing In-Store, Inc.

Full Text of Court Cases
January 14, 2011

Federal district court denies Daubert challenge to plaintiff’s lost profits expert, finding his reliance on optimistic management projections and comparable companies were better suited for cross-examination rather than exclusion.