Counsel retained Cornerstone Research to estimate lost profits in this breach of contract case.
Counsel for a video game developer retained George Strong of Cornerstone Research to assess lost profits in a breach of contract case between the developer and its former employees. The employees left and joined a competitor, violating their agreement to develop planned games.
Mr. Strong performed analyses of the video game industry and its genres to calculate the lost profits attributable to the former employees’ alleged misconduct. For example, he used multiple data sources to develop industry-specific measures such as the market penetration of different games into the installed base of video game consoles.
The parties settled the matter prior to trial.