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MCA Financial Group’s Litigation Support for Solar Industry Client Yields Favorable Outcome

By October 30, 2024December 16th, 2024Insights

In a recent engagement, MCA Financial Group provided litigation support, expert testimony, and economic analysis to a company in the residential and commercial solar installation industry facing a $50 million claim. The plaintiff alleged that our client conspired to recruit their key employees and misappropriate confidential trade secrets, primarily to start a competing business in California.

MCA’s team conducted a detailed analysis of the plaintiff’s damage claim, financial statements, and the methodologies relied upon by the plaintiff to calculate the alleged claim. With a strategic focus on industry-specific factors, MCA assessed competing influences on the plaintiff’s revenue decline that extended beyond the alleged claims. In addressing insufficient documentation and speculative calculations, MCA outlined key deficiencies and unsupported assumptions within the plaintiff’s damage claims. This analysis proved instrumental in mediation, where it was used to secure a favorable settlement, sparing our client the costs and uncertainties of a protracted trial.

MCA’s understanding of financial reporting, damages assessment methodologies, and the solar industry provided critical insights that supported our client’s legal team in effectively countering the claims. With a commitment to diligence and depth, MCA offers clients industry-aligned advisory solutions that support favorable outcomes and strategic resolution.