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Charles River Associates (CRA) Continues to Expand Finance Offering

New Vice President Steven Schwartz Brings Expertise in Commercial Damages and Intellectual Property

BOSTON--(BUSINESS WIRE)--Jun. 23, 2015-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Steven Schwartz, PhD, has joined the firm as a vice president in the Finance Practice based in Dallas. Dr. Schwartz advises clients on litigation matters involving securities, intellectual property, and antitrust disputes, and he is an experienced expert witness.

“We are pleased to welcome Steven Schwartz to Charles River Associates,” said CRA's President and Chief Executive Officer Paul Maleh. “His more than 30 years of economic and litigation consulting experience includes extensive damages estimation expertise and expert testimony in areas that complement our Finance Practice and others areas of our portfolio.”

Dr. Schwartz has undertaken many analyses arising out of allegations of illegal price discrimination, on both liability and damages questions. In addition, he has extensive experience in Lanham Act matters, and has estimated damages in both trademark infringement and false advertising cases. He also has testified in numerous intellectual property matters on the measurement of damages in patent infringement cases as well as the valuation of IP assets, portfolios, and licenses. Additionally, Dr. Schwartz has testified in federal and state courts, before the US International Trade Commission, in the US Tax Court, and in arbitration proceedings. He also has performed many antitrust analyses in connection with private antitrust litigation and merger investigations, with a particular focus on analyzing the economics of vertical relationships.

He has worked across industries that include consumer goods, high-tech, computer software, and manufacturing. Dr. Schwartz is regularly published, authoring more than a dozen articles in economics journals concerning mergers, the persistence of monopoly profits, and arbitrator bias. He also has written for the Practising Law Institute and American Bar Association publications and economic journals.

Prior to joining CRA, Dr. Schwartz was a managing director at Alvarez & Marsal in its Global Forensics, Disputes and Investigations Practice, and a consultant with NERA Economic Consulting. His previous experience also includes as an Assistant Professor of Economics at Miami University (Oxford, Ohio) and as an antitrust economist in the Bureau of Economics at the Federal Trade Commission. Dr. Schwartz holds PhD and MA degrees in Economics from the University of Maryland and a BA degree in Economics from Wesleyan University (CT).

About CRA’s Finance Practice

Organizations turn to CRA when they are facing financial and accounting investigations. CRA’s expert teams integrate accounting, finance, litigation, and investigation expertise, and include staff experts as well as affiliated experts with extensive academic credentials and industry experience.

About Charles River Associates (CRA)

Charles River Associates® is a global consulting firm specializing in litigation, regulatory, financial, and management consulting. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world and is celebrating its 50th year anniversary in 2015. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.

Source: Charles River Associates

Charles River Associates
Andrea Goodman, 617-425-3333
Director of Communications and Investor Relations
or
Sharon Merrill Associates, Inc.
Jamie Bernard, 617-542-5300
Senior Associate



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