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Charles River Associates (CRA) Enhances Capabilities in Forensic and Cyber Investigations

Three New Vice Presidents Bring Decades of Experience in High-Profile Investigative and Information Security Assignments

BOSTON--(BUSINESS WIRE)--Sep. 21, 2015-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the addition of three seasoned professionals, Kristofer Swanson, Bill Hardin, and G. Scott Solomon, as vice presidents in Chicago.

Messrs. Swanson, Hardin, and Solomon have worked together for many years, leading complex forensic and cyber investigations. In this capacity, they assist companies and their counsel in independently responding to allegations of fraud, abuse, misconduct, and non-compliance, thereby supporting clients’ commitment to integrity.

These CRA professionals are noted for deploying smaller, focused teams of experienced, cross-trained forensic professionals, in order to help clients gain deeper insights and greater value more quickly. This enables clients to assess exposure -- and take defensible, corrective action -- sooner than under more typical approaches.

“Managing enterprise-wide risk issues that include forensic and cyber investigations is an ever increasing business concern for many companies,” said CRA's President and Chief Executive Officer Paul Maleh. “Kris, Bill, and Scott are highly skilled experts with decades of experience advising companies on high-profile investigations. We are excited to welcome them to CRA.”

Mr. Swanson added, “We have long admired CRA’s reputation and are excited to assist CRA in continuing to build its world-class platform from which to deliver leading forensic and cyber solutions. We are also thrilled at the opportunity to work with CRA’s unparalleled bench of damages experts, who can seamlessly help clients resolve the complex disputes that are so often triggered by the same allegations that gave rise to the need for independent forensic investigations.”

Mr. Swanson leads high-profile investigative assignments, helping companies and their counsel respond to allegations that include financial statement fraud, healthcare fraud and abuse, FCPA violations, money laundering, embezzlement, Ponzi schemes, theft of trade secrets, and data breaches. Mr. Swanson is a frequent speaker and author on forensic matters, and he has guest lectured at The University of Chicago Booth School of Business and at various Chicago law schools. He is a Certified Fraud Examiner (CFE), a Certified Anti-Money Laundering Specialist (CAMS), a CPA (licensed in Illinois), and Certified in Financial Forensics (CFF). Mr. Swanson holds an MBA degree in International Business and Economics, with Dean’s List Honors, from The University of Chicago Booth School of Business; a MS degree in Accountancy, with Distinction, from DePaul University; and a BA degree in Government from Lawrence University. Most recently, Mr. Swanson was a partner and Midwest leader at PwC Forensic Services.

Mr. Hardin has worked on hundreds of engagements in the areas of data breach and cyber incident response, theft of trade secrets, white collar crime, FCPA investigations, interim management positions, and enterprise risk management. Many of his cases have been mentioned in the Wall Street Journal, Financial Times, Forbes, and Krebs on Security, amongst other publications. Mr. Hardin is a CPA/CFF, CFE, and a certified Project Management Professional (PMP). Mr. Hardin has spoken at numerous events on cybercrime, risk management, and strategy/operations consulting. He is an adjunct professor at DePaul University in Chicago. Mr. Hardin holds an MBA degree from The University of Chicago Booth School of Business as well as a Masters and Bachelors of Accounting from Mississippi State University.

Mr. Solomon leads high-profile investigative, compliance, risk assessment, and due diligence engagements around the world relating to a broad range of issues and allegations. He has appeared before members of the United States Securities and Exchange Commission, Federal Reserve Bank, Public Company Accounting Oversight Board, and Department of Justice to present findings from investigations. He also has provided expert testimony on accounting and financial issues in commercial litigation matters. Mr. Solomon is a CPA, CFF, CFE, and CAMS, and received a BS degree in Accounting and Finance from Indiana UniversityKelley School of Business.

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.

Statements in this press release concerning the roles of Kristofer Swanson, Bill Hardin, and G. Scott Solomon, the Company’s litigation consulting offering, including in forensic and cyber investigations, any future business Kristofer Swanson, Bill Hardin, and G. Scott Solomon may generate for the Company, the future business, operating results, and financial condition of the Company and statements using the terms "continuing to build," "anticipates," "believes," "expects," "should," "prospects," "target," or similar expressions are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon management's current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain, and actual performance and results may differ materially due to many important factors. Such factors that could cause actual performance or results to differ materially from any forward-looking statements made by the Company include, among others, the failure to generate engagements for us; dependence on the growth of our litigation consulting practice, including in forensic and cyber investigations; the potential loss of clients; the demand environment; global economic conditions; foreign exchange rate fluctuations; and intense competition, as well as other potential factors that could affect our financial results are included in our periodic filings with the Securities and Exchange Commission, including risks under the heading “Risk Factors.” We cannot guarantee any future results, levels of activity, performance or achievement. We undertake no obligation to update any forward-looking statements after the date of this press release, and we do not intend to do so.

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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