Justin L. Cherfoli is a Managing Director in the valuation disputes practice. He also serves as the national practice leader for the firm's Valuation Disputes/Family Law group. Since 2000, Justin has served as an expert witness or consultant in matters involving business valuation, economic damages, and forensic accounting for numerous purposes including marital dissolutions, shareholder disputes, commercial litigation, estate and gift taxation, financing, purchase and sale advisement, intellectual property valuations, reasonable compensation, and other tax, corporate, and litigation related matters. Additionally, Justin has been actively involved in providing a broad range of financial advice to trial lawyers throughout the dispute process, including matters involving economic damage analysis, diminution in business value, breach of contract, financial modeling, forensic accounting, fraud examinations, and disputes related to business transactions. Justin also serves as a court-appointed and/or mutually agreed-upon financial expert in shareholder disputes and divorce matters.
Justin was a chapter author to the chapters entitled “Valuation in Marital Dissolution” and “Valuation in Shareholder and Partner Disputes” in Business Valuation, published by the Law Journal Press, a division of ALM Media Properties, LLC. He was also a contributing author to the chapter entitled “Valuation Nuances in Litigation” in Business Valuation: A Primer for the Legal Professional, published by the Business Law Section of the American Bar Association. Justin has presented continuing education seminars on business valuation, lost profits, stock options, understanding tax returns, and tools for improving management decision-making. He has also published several articles on stock options, valuation and other related topics.
Prior to joining Stout, Justin was with Ernst & Young, LLP in its Assurance and Advisory Business Services Group in Detroit.