John Drum
Education
M. Accounting, The Ohio State University Fisher College of Business; B.S.B.A., finance and accounting, The Ohio State University
Summary of Experience
Mr. Drum specializes in complex financial accounting and the application of finance and accounting theory to questions arising in commercial disputes, securities, and finance litigation. His litigation work has included complicated areas of generally accepted accounting principles (GAAP), financial statement analysis, valuation, and disclosures. Mr. Drum has also provided analyses and led case teams in matters involving damages estimations, intellectual property disputes, executive stock options, proxy fights, M&A, contract disputes, and bankruptcies. He has worked with numerous clients facing US Securities and Exchange Commission (SEC) investigations, advising clients in support of pre-litigation negotiations and supporting expert testimony in litigation.
Mr. Drum’s expert work includes testifying at deposition, and in federal court on behalf of the US Department of Justice (DOJ) in the criminal trial of Michael Avenatti, who faced charges of stealing money intended for his clients. His work has covered a number of industries, including automotive, entertainment, software, real estate, steel, tobacco, food, energy, pharmaceuticals, retail, and financial services. Prior to joining Analysis Group, Mr. Drum was part of the accounting advisory and valuation services practices at KPMG, and he was a postgraduate technical assistant for the Financial Accounting Standards Board (FASB). He is a certified public accountant and a CFA charterholder.
Provided Expert Testimony
Additional Cases
- Corvex Management, et al. v. CommonWealth REIT, et al.
- Debt Covenant Litigations Involving Caesars
- Endless River Technologies LLC v. TransUnion LLC
- In re: Alere-Abbott Merger Litigation
- Pilot Corporation v. Greg Abel, et al.
- SEC Investigation into Accounting and Disclosure Practices
- Securities and Exchange Commission v. Philip R. Jacoby, Jr., et al.
- Securities and Exchange Commission v. RPM International, Inc.
- Simon Property Group, Inc., et al. v. Taubman Centers, Inc., et al.
- US Securities and Exchange Commission v. Penn West Petroleum Ltd., et al.
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Comprehensive measurement of biopharmaceutical R&D investment
Nature Reviews Drug Discovery, August 2024
2024Chandra A, Drum J, Daly M, Mirsberger H, Spare S, Neumann U, Martin S, Kirson N
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Accounting for the Coronavirus
Law Journal Newletters: Accounting & Financial Planning for Law Firms, August 2020
2020Drum J, Rutzen M
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Allowances for Loan Losses Under the Transition to CECL During the Pandemic
The Banking Law Journal, 2020
2020 -
Keeping covenants: Getting debt ratios right
Journal of Accountancy, June 01, 2018
2018
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August 13, 2024
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February 8, 2024
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May 22, 2023
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May 3, 2023
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February 2, 2023
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December 14, 2022
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January 26, 2021