Carl Jenkins is an Executive Advisor at GlassRatner, where he focuses on expanding the firm’s Forensic Accounting and Litigation Support practice. His mandate encompasses coaching and professional development for practitioners, strategic recruiting and team expansion, and building the scalable infrastructure needed to significantly grow the practice.
With more than 40 years of experience in forensic accounting, litigation support, business valuations, mergers and acquisitions, and governance and risk advisory, Carl is recognized as a leading authority in disputes consulting and complex commercial litigation. His career has consistently focused on delivering expert witness testimony, forensic analysis, and advisory services in high stakes matters involving commercial damages, regulatory issues, securities disputes, and post-acquisition controversies.
From 2013 to 2024, Carl served as President of the Advisory Practice at Duff & Phelps (now Kroll), where he oversaw the Forensic Accounting and Litigation Support practice areas. During his tenure, he drove headcount growth of nearly 20 times and supervised several strategic acquisitions, establishing the practice as a market leader. Prior to Kroll, Carl held senior leadership positions at CBIZ and UYH.
Throughout his career, Carl has appeared as an expert witness before probate, district, superior, and federal courts on accounting, financial, and valuation issues. He has advised counsel in defense of executives in high-profile regulatory matters involving the DOJ, SEC, and IRS, and has provided expert analysis of damages on behalf of charities, pension funds, and public companies. Carl has also conducted Board of Directors investigations involving corporate fraud and embezzlement and has prepared valuations of hundreds of companies across a wide range of industries for use in financial statements, litigation, and transactions.
As an international arbitrator, Carl has presided over complex post-acquisition and shareholder disputes involving entities across the U.S., South America, Asia, and Europe. He has also been court-appointed as a receiver, master, administrator, and monitor, including managing multi-state litigation and full business operations for a consolidated telecommunications group through a successful asset sale process.
Carl is recognized for his growth-oriented leadership, his extensive legal and financial network across the United States, and his ability to build high-performing teams and sustainable practice infrastructure.
- CRO Services
- Fiduciary, ABC & Receiverships
- Damages & Expert Witness Services
- Valuation Disputes
- Fraud & Internal Investigations
- Forensic Data Analytics
- Business Valuation
- Solvency Opinions
- Fairness Opinions
- Purchase Price Allocation
- Financial Due Diligence & Quality of Earnings
- Mergers & Acquisitions
- Acquisitions
- Divestitures
- Enterprise Risk Management (ERM)
Mergers and Acquisitions
- Expert advisory, including preparation of valuations, financing and business plans, acquisition financial due diligence and negotiation, and deal-related litigation general management and financial consulting
- Cost and price analysis, financial reporting, compensation planning, financial planning, financing and cash flow planning general client services
- Retained to provide all phases of auditing, tax and accounting services, including planning, staffing and client communication
Regulatory Experience
- Advised counsel on behalf of executives at a large mutual fund in defense of claims of backdating valuations
- Assisted counsel in the defense of an executive of a publicly-traded company in a securities fraud prosecution based on allegedly improper revenue recognition
- Assisted counsel in the defense of executives of a large dairy company against charges of a criminal rebate scheme
- Assisted counsel in response to criminal claims made by the DOJ against a nutraceutical company for false advertising and unfair business practices
- Assisted counsel in the defense of an attorney against IRS charges for filing false returns
- Assisted the SEC in analyzing corporate records and audits of a public company regarding financial statement presentation of assets involved in a bank fraud
Securities/Financial Services
- Provided expert analysis of damages on behalf of a number of charities and pension funds as a result of losses suffered through investments in a securities lending program
- Provided expert analysis of damages on behalf of a public company for improper fees and commissions charged on insurance policies by two major insurance brokers
- Provided expert testimony on behalf of one of the owners of a large city newspaper regarding the best method to sell the paper
- Provided expert testimony on behalf of an internationally recognized bestselling author regarding the financial related business practices of her business manager
Forensic Accounting
- Provided expert testimony on behalf of an internationally recognized bestselling author regarding the financial related business practices of her business manager
- Board of Directors investigation/corporate fraud, regarding possible losses from unapproved investments
- Board of Directors investigation involving embezzlement through the credit department and collusion with outside collection counsel
- Analyzed expenditures and investment returns for a bestselling author who claimed her business manager mismanaged her assets. Provided expert testimony on the findings in Federal Court
Intellectual Property – Trade Secrets/False Claims
- Prepared financial analyses and projections on behalf of a premium cat food company in a matter related to false claims made by a competitor based abroad
- Prepared damage calculations related to trade dress/Lanham Act violations involving competing sun-tan lotion companies
- Supported counsel in defending patent violation claims involving enterprise-wide accounting software
Accounting Malpractice
- Provided expert testimony on behalf of an international accounting firm in defense of malpractice claims made by a town and a town-owned utility
- Provided expert testimony in defense of an international accounting firm
- against claims of accounting malpractice made by a client’s bank
- Provided tax related analysis on behalf of an international accounting firm in defense of malpractice claims over the preparation of multi-state tax returns
Damages
- Calculated damages resulting from the failure to comply with the contracted terms agreed to by a public nursing home management company and the nursing home owners
- Calculated damages related to the failure and replacement of hundreds of artificial joints in patients on three continents
- Calculated business loss damages related to the complete destruction of a plastics company plant due to fire
- Assisted counsel in refuting damages related to a failed 1031 exchange escrow maintained by a large retail brokerage firm
Business Valuation
- Prepared valuations of hundreds of companies in a wide range of industries used in financial statements, litigation and transactions
Post-Acquisition Disputes
- Provided analysis and expert testimony in a post-acquisition dispute matter related to the acquisition of a medical product testing equipment company by a public company
- Provided expert testimony in a post-acquisition dispute matter related to the acquisition of a software company by a public company
- Provided analysis and expert testimony in a post-acquisition dispute matter involving a sale leaseback of a commercial property
- Provided expert consulting to counsel in a post-acquisition dispute matter involving a hardware technology company
- Provided expert testimony regarding the value of two insurance companies in anticipation of divestiture after a failed merger
Arbitrator
- Served as an arbitrator in ad hoc proceeding for post-acquisition and shareholder disputes including:
- Arbitration involving U.S.-based assets purchased by Ecuador- and Australia-based entities
- Arbitration involving the sale of Chinese based assets to a Spanish conglomerate
- Arbitration involving a shareholder dispute regarding a large grocery chain
- Arbitration involving a shareholder dispute involving a large regional bakery
Neutral Arbitrator
- Served as a neutral arbitrator in a matter involving the analysis and ultimate auction of a medical supply company
- Served as a neutral arbitrator in a post-acquisition dispute involving the sale of a Europe-based clothing store chain
Receiverships/Monitorships/Court Appointments
- Appointed by a federal judge to serve as a monitor and receiver for a consolidated group of telecommunication companies. Managed multi-state litigation, managed all aspects of the business operations, including marketing, sales, customer service, technology and day-to-day personnel management. Successfully sold assets through multiple auctions.
- Appointed by a state superior court judge to serve as a receiver for a high-end automobile restoration company
- Appointed by a state superior court judge to value a chain of supermarkets involved in an ownership dispute
- Presentation to the Southeastern Massachusetts Business Group entitled, “Credit & Collections: When to Take the Next Step”
- Invited speaker at the Massachusetts Gaming Commission Economic Development Forum
- Testified in front of a sub-committee of the General Court of the Commonwealth of Massachusetts regarding the social and financial effects of casino gambling in Massachusetts
- Speaker at the Tax Executives Institute on fraud related issues
- Speaker at an AICPA National Conference on forensic accounting, Washington, D.C.
- Speaker to Massachusetts Society of Certified Public Accountants meeting on litigation consulting and forensic accounting
- Speaker at the National Conference of Certified Public Accountants concerning M&A and management advisory services
- Speaker at the Institute of Internal Auditors concerning the failure of Lehman and their use of repo agreements
- Speaker at Massachusetts Bar Association on The Real World Risks of Virtual Currency
- Guest lecturer at Northeastern University’s and Boston University’s graduate schools regarding new ventures and valuations
- Speaker to many associations, banks, insurance companies and law firms on various business, tax and litigation issues
- Speaker at the Massachusetts Legal Education Foundation Real Estate Law Conference
- Speaker at the Boston Estate Planning Council and the International Association of Financial Planners on valuation issues of closely held businesses
- Quoted in The Wall Street Journal, American Banker, Family Business magazine, New Business magazine, CFO magazine, Boston Globe and Boston Business Journal