Stephen Buffo is a Managing Director in the Disputes, Compliance, & Investigations group. He provides financial and economic damages advisory services to litigators and in-house counsel in complex commercial litigation and business dispute matters.
Steve has more than 25 years of consulting experience, and has been qualified as an expert witness on commercial contract disputes, intellectual property and infringement matters, mass tort and class action matters, and anti-competitive behavior matters including antitrust, unfair competition, tortious interference, and false advertising. He has employed financial, economic, accounting, and statistical analyses including lost profits, price erosion, disgorgement, reasonable royalty, convoyed sales, costs to correct, costs to mitigate, discounted cash flows, prejudgment interest, present-value discounting, incremental costs, capacity assessments, overhead allocations, market share analyses, and business valuation and related methodologies. He has utilized and testified on methods of applied statistics including regression analysis and stratified random sampling.
Prior to joining Stout, Steve worked for Ernst & Young, where he also advised clients on a range of other forensic accounting and related services, including the investigation of Foreign Corrupt Practices Act violations as well as the development and implementation of corporate compliance programs and related governance and risk management issues.