August 20, 2022

Volume XII, Number 232


Frank T. Mascari

Frank Mascari is a principal in the Chicago office of Cornerstone Research. Mr. Mascari has more than twenty years of experience providing financial and accounting consulting services in commercial litigation and fraud investigation matters. He has worked on a variety of issues related to post-acquisition disputes, accounting malpractice, and commercial damages matters.

Accounting and Auditing

  • Assessed damages, liability, and causation claims related to financial reporting fraud and accounting restatements

  • Analyzed issues related to revenue recognition, improper capitalization of expenses, acquisition accounting and reserves, falsified assets, impairments, earnings management, operating accruals, and prior period adjustments

Forensic Investigations

  • Conducted investigations for audit committees of publicly traded companies to assist with SEC filings and pending SEC and DOJ investigations

  • Investigated and identified millions of dollars in kickbacks, thefts, and improper use of company assets

  • Participated in multiple stock option backdating investigations on behalf of corporations, their boards, and outside counsel

Commercial Litigation

  • Assessed damages, lost profit, breach of contract, and bankruptcy claims

  • Created and analyzed complex financial models

  • Analyzed due diligence process, marketing practices, pricing policies, financial statements, budgets, operating performance, and financial forecasts


Articles in the National Law Review database by Frank T. Mascari