227 West Monroe Street
Chicago, IL, 60606
d. (410) 224-8770
Senior Managing Director
Gary Kleinrichert is a Senior Managing Director at FTI Consulting and is based in Chicago. Mr. Kleinrichert has more than 34 years of financial and consulting experience and specializes in forensic accounting investigations, damages claims, and valuations.
Mr. Kleinrichert has provided expert testimony on more than 50 occasions at deposition, arbitration and trial. Mr. Kleinrichert has testified throughout the United States, has appeared in Federal and State courts (bench and jury) and has served the court as a Special Master. The early part of his career was devoted to directing and performing over 200 financial audits of private and publicly held companies. Mr. Kleinrichert is a Certified Public Accountant (“CPA” - licensed in Illinois), Certified Valuation Analyst (“CVA”), Accredited in Business Valuation (“ABV”), and is Certified in Financial Forensics (“CFF”). He is a former member of the AICPA National Fraud Task Force. Mr. Kleinrichert has significant experience in a variety of industries including insurance, financial services (banking, mortgage, brokerage and finance companies), health care, real estate, higher education, manufacturing/automotive, transportation/distribution, sports, retail and mining.
Mr. Kleinrichert has led numerous high-profile engagements involving disputes related to the appropriate application of generally accepted accounting principles and generally accepted auditing standards and has conducted numerous fraud and forensic investigations. Many engagements have included extensive interviewing and the creation/reconstruction of accounting and financial records for purposes of financial and forensic analyses. In this regard, he was the leader of the forensic accounting aspect of the team engaged by counsel representing the special committee investigating high profile $1 billion restatement. In addition to assessments of compliance with accounting or auditing standards, Mr. Kleinrichert has performed numerous investigations of compliance with other corporate or regulatory rules and procedures.
Mr. Kleinrichert has testified and/or led numerous sophisticated damages studies involving lost profits, lost sales, incremental profits, reasonable royalties, business valuations, solvency analyses, assessment of reasonably equivalent value, alter ego assessments, fixed and variable costs, product line profitability, unjust enrichment, costs incurred and prejudgment interest. Many cases have involved the retrieval and analysis of financial and operational data sets involving millions of transactions. He is well versed in business disputes involving breach of contract, mass torts, class actions, intellectual property disputes (including trade secret, copyright and patent), bankruptcy proceedings (solvency and fraudulent conveyances), destruction of business value, antitrust, product liability matters, bad faith and alter ego claims. Prior to joining FTI Consulting, Mr. Kleinrichert was a Partner in KPMG’s Forensic Services practice, where he coordinated these services for the Midwest region of the U.S.
Mr. Kleinrichert is an accomplished speaker and author.