Seth Fliegler is a managing director in the New York and Morristown, NJ offices and is part of the Disputes Consulting practice. He has more than 15 years of experience assisting clients and testifying as an expert on business valuation and economic and financial analyses, particularly within the financial services industry. Seth has been involved in numerous dispute matters advising clients on a wide variety of topics, including valuation, solvency, commercial and economic damages, and fraud investigations. Seth also has experience in antitrust and intellectual property litigation consulting from his prior work at an economic consulting firm.

Currently, he is leading the analytical team supporting Duff & Phelps' testifying expert retained to serve on behalf of the Trustee for the substantively-consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC to analyze the world's largest Ponzi scheme.

Seth has testified and consulted in a broad range of industries and matters, including the following sample engagements:

Business Valuation:

  • Testified on the determination of value of a mortgage due diligence firm
  • Testified regarding the alleged diminution in value of a bank as a result of fraudulent actions

Shareholder Disputes:

  • Issued business valuation report stemming from a dispute between equity shareholders at a firm in the consumer products industry

Commercial Damages/Breach of Contract:

  • Testified regarding damages to New York State resulting from a breach of contract by a state vendor
  • Testified on the loss of investment value to a government employee’s retirement fund

Forensic Accounting:

  • Testified with respect to the flow of funds in an alleged securities fraud

Solvency Analyses/Fraudulent Transfers:

  • Consulted with respect to valuation and solvency in a fraudulent conveyance claim of a real estate development company

Post-Acquisition Disputes:

  • Provided expert consulting regarding the impact on an acquisition price after it was determined that financial fraud was conducted by the target company

Seth is a frequent author and has published articles focusing on business valuation.

Prior to joining Duff & Phelps, he was a vice president in the Global Equities New Product Development group of Banc of America Securities (BAS). Prior to BAS, Seth was a senior economic analyst in the Policy and Analysis division of the Federal Reserve Bank of New York, where he focused on domestic and international capital policy, including membership on various international regulatory committees addressing Basel II. He received his MBA in finance at the Wharton School of Business at the University of Pennsylvania and his M.A. in international studies from the Lauder Institute at the University of Pennsylvania. Seth received his B.A. in economics and French, magna cum laude, from the University of Pennsylvania. He’s also a Certified Valuation Analyst (CVA), Certified Fraud Examiner (CFE), and Master Analyst in Financial Forensics (MAFF).

Fliegler /our-team/seth-fliegler /-/media/assets/images/headshots/directors/sethfliegler.jpg people {C8894F56-FF6C-4DEA-AB91-58D66A7F0624} {871EB752-F3E8-4991-AA79-545153989F0D} {B871D4F9-5FCB-40B9-8710-871A30B710AB}

Related Services

Duff & Phelps Disputes

Governance, Risk, Investigations and Disputes

Combined Duff & Phelps and Kroll disputes, investigations, cyber, business intelligence, cross-border restructuring and other advisory.

Governance, Risk, Investigations and Disputes

Case Studies



The Tax Principles of Family Law 2020

M&A Advisory

Restaurant Quarterly Update – Winter 2020

M&A Advisory
Key Findings

Having a Car is a Necessity

Globally, 61% strongly agree and 24% somewhat agree, meaning 85% of respondents believe a car is a necessity on some level.
Key Findings
Survey Scope

Survey Scope

Our survey was performed online with the goal of obtaining responses from men and women between the ages of 23 and 38 from some of the largest automotive markets around the world.
Survey Scope