Kathleen W. Elliott, CFE
Admission & Qualifications
Non-attorney
Consultant Member
Certified Fraud Examiner
Education
Baylor University, BA – Economics and Political Science – 1995 (Cum Laude)
Professional Profile
Kathleen Elliott is a Certified Fraud Examiner and a Senior Director with Alvarez & Marsal's Disputes and Investigations practice. With more than 24 years of experience in expert and privileged consulting roles, Ms. Elliott has assisted clients with complex data analysis, fraud examination, funds tracing, forensic accounting, and determination of damages related to breach of contract, intellectual property infringement, breach of fiduciary duty, and securities litigation.
Ms. Elliott also has experience serving on an independent litigation committee in an investigative capacity to evaluatie whether a shareholder derivative suit should move forward.
Ms. Elliott’s experience includes various industries, including agriculture, healthcare, oil and gas, financial institutions, telecommunications, media, food and beverage, hospitality, computer peripherals, pharmaceuticals, and government contracts.
Representative Matters
Ms. Elliott led an investigation for a Special Litigation Committee assembled by a privately held company to investigate allegations of fiduciary misconduct by senior management. Her work included numerous interviews of employees, review and comparison of financials and shareholder meeting minutes, analysis of employee stock awards and any possible dilution to other shareholders, tracing of funds expended on real estate, and the evaluation of “arms-length” nature of certain transactions.
Ms. Elliott has performed expert and privileged consulting work involving the investigation of fiduciary misconduct by the CFO of a healthcare system. Her work included interview of employees, review of department level financial statements and accounting records, review of expense reports and reimbursements, and the verification of business purpose related to expense reports and reimbursements.
Ms. Elliott led an investigation into alleged misuse of funds invested in a manufacturing business venture. This included on-site interviews, on-site tours of the production facilities, inventory review and analysis, and the tracing of funds via multiple bank and brokerage accounts.
Ms. Elliott was the designated damages expert on a matter involving real estate investments and improvements. Her work involved tracing the funds expended on real estate and related improvements via the company’s accounting system and various bank accounts spread over several states. Ms. Elliott also analyzed the reinvestment of funds realized from the real estate holdings, and she valued the business assets and apportioned the value between the two shareholders.
Other Distinctions
Publications
Prior Experience
Navigant Consulting - Associate Director - Dallas, TX (2004 – 2008)
Tucker Alan Inc. – Principal - Dallas, TX (1995 – 2004)