Bruce JonasBruce Jonas has over 35 years of professional experience in financial management and consulting. His background includes system design and implementation; financial management analysis; planning and project management; organization review; and operations analysis. For over 25 years, Mr. Jonas has concentrated in the area of litigation support, working on diversified cases in support of either the plaintiff or defendant counsel.
Some of his major accomplishments include:
• Assisted numerous law firms in their representation of 9/11 World Trade Center victims in their applications with respect to the Victims’ Compensation Fund. We prepared damage estimates for over 100 deceased cases and over 300 injury cases.
• Developed damage theory and damage calculations for a patent infringement suit.
• Developed damage calculations and evaluated underlying business strategies for breach of contract suits.
• Performed exhaustive cost accounting and economic studies for leading broker/dealer and asset manager affiliates for purposes of providing expert testimony for defendants in mutual funds litigation.
• Scrutinized and refuted damage theory and damage calculations in product liability suit.
• Worked with local District Attorney and provided Grand Jury testimony in support of criminal indictments.
• Proffered expert witness testimony at trial, arbitration and deposition.
Jonas & Welsch, P.C. April 1991 - Present
David Berdon & Co. December 1990 - April 1991
Laventhol & Horwath May 1985 - November 1990
Peat, Marwick, Mitchell & Co. November 1978 - May 1985
Dentaco Corp. February 1978 - November 1978
LAC December 1977 - February 1978
Avis, Inc. October 1976 - November 1977
Peat, Marwick, Mitchell & Co. June 1969 - October 1976
EXPERIENCE AND RESPONSIBILITIES:
Jonas & Welsch, P.C.
One of the founders and principals of firm specializing in finance, economics and litigation support. Work consists of assistance to attorneys in resolving financial disputes.
David Berdon & Co.
Director of Litigation Support Services
Was responsible for assisting attorneys in the preparation and presentation of their cases, regarding business and accounting matters.
Laventhol & Horwath
Peat, Marwick, Mitchell & Co. (predecessor to KPMG)
Senior Manager - Management Consulting
Representative Client Assignments:
Conducted exhaustive cost accounting study and economic study of leading broker/dealer and asset manager affiliate for purposes of providing expert testimony in precedent-setting money market fund litigation.
Designed and implemented wide range of accounting and management information systems in both automated and manual environments.
Evaluated the "control environment" of major Miami bank as representative of its insurance carrier.
Performed review of the Payroll-Personnel systems of County of Suffolk, New York for purposes of evaluating controls. Conclusions and recommendations became foundation for implementation of new systems.
Reviewed and evaluated the cash management function of County of Suffolk, New York.
Conducted, as lead instructor, numerous iterations of the "COMPUTER AUDIT AND CONTROL CONFERENCE" sponsored by The Conference of State Bank Supervisors.
Co-ordinated and administered a consulting group of seventy professionals plus support staff.
Audit Supervisor - Auditing
Was responsible for a wide range of audit clients, including public and privately held enterprises.
Co-ordinated and supervised local office computer and statistical auditing.
Participated, as lead instructor with over 700 classroom hours, in PMM's national education department.
Was primarily responsible for all accounting and financial affairs.
Co-ordinated, designed and implemented automated financial systems.
Chief Financial Officer
Was responsible for supervising all accounting and financial matters for this local insurance agency.
EDP Audit Manager
Performed computer reviews for all aspects of automated data processing and supported field audit work.
Participated in the general management of the department.
BBA Accounting - Hofstra University 1969
Certified Public Accountant 1972; member of the AICPA and New York State Society of CPAs
Former member of the staff of the C.W. Post School of Professional Accountancy.
Lecturer for the AICPA, Foundation for Accounting Education and the New England Graduate Accounting Study Conference, Nassau Bar Association, Suffolk Academy of Law
Arbiter for the American Arbitration Association
Mr. Jonas has published (with Roger I. Abrams and Donald Welsch) “Stillborn Enterprises: Calculating Expectation Damages Using Forensic Economics” Ohio State Law Journal V.57 No. 3 1996.