CRA International expands Labor and Employment Practice, adding Matthew R. Thompson and David P. Lamoreaux as vice presidents
BOSTON--(BUSINESS WIRE)--May 9, 2007--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economics, financial, and management consulting services, today announced the expansion of its Labor and Employment practice with the addition of Matthew R. Thompson and David P. Lamoreaux as Vice Presidents.
CRA's established labor practice draws on state-of-the-art analysis technology and includes skilled economists and econometricians. The firm's extensive resources and capabilities offer Drs. Thompson and Lamoreaux an opportunity to expand their service offerings to clients.
"CRA is always looking for ways to enhance our services to clients," said CRA International's President and CEO James C. Burrows. "With the number and complexity of labor disputes increasing, we saw the need to grow our sophisticated litigation support services in the labor and employment arena. The skills and experience of Matthew Thompson and David Lamoreaux are ideal enhancements to the practice."
Matthew Thompson and David Lamoreaux come to CRA from ERS Group, where they served as principals. They worked with attorneys and human resources professionals to analyze issues concerning Title VII, Age Discrimination in Employment Act (ADEA), Fair Labor Standards Act (FLSA), and Office of Federal Contract Compliance Programs (OFCCP) audits. They also provided clients with estimates of economic losses for individuals and/or classes of individuals in employment discrimination, wrongful death, and wage and hour matters. Both are specialists in empirical research and applying statistical techniques to analyses of employment practices, such as compensation, hiring, promotion, and termination, as those employment practices relate to gender, race, age, and ethnic origin discrimination. Dr. Thompson has provided expert witness testimony in state and federal cases, and has presented employment discrimination analyses to attorneys and human resources professionals. Dr. Lamoreaux has provided expert witness testimony, published in the American Economic Review, and served as a consultant for the Department of Defense and a lecturer for California State University, Fullerton.
About CRA International
Founded in 1965, CRA International is a leading provider of economic and financial expertise and management consulting services. Working with businesses, law firms, accounting firms, and governments, CRA is the preferred consulting firm for complex assignments with pivotal and high-stakes outcomes. The firm is distinguished by a unique combination of credentials: deep vertical experience in a variety of industries; broad horizontal expertise in a range of functional disciplines; and rigorous economic, financial, and market analysis. CRA offers a proven track record of thousands of successful engagements in regulatory and litigation support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. Headquartered in Boston, the firm has more than a dozen offices within the United States and nine offices in Canada, Europe, the Middle East, and the Asia Pacific region. Detailed information about CRA is available at www.crai.com.
Statements in this press release concerning the hiring of Matthew R. Thompson and David P. Lamoreaux, including the impact on future business or operating results, 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 results to differ materially from any forward-looking statements made by the Company include, among others, changes in the Company's effective tax rate, share dilution from the Company's convertible debt offering and stock options, the impact of Financial Accounting Standards Board Statement No. 123R and total stock-based compensation, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, utilization rates, factors related to its recent acquisitions, including integration of personnel, clients, offices, and unanticipated expenses and liabilities, risks associated with acquisitions it may make in the future, risks inherent in international operations, the performance of NeuCo, changes in accounting standards, rules and regulations, management of new offices, the potential loss of clients, dependence on growth of the Company's business consulting practice, the ability of the Company to integrate successfully new consultants into its practice, intense competition, risks inherent in litigation, and professional liability. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of its forward-looking statements after the date of this press release.
CONTACT: CRA International, Inc. James C. Burrows, 617-425-3700 President and CEO or Sharon Merrill Associates, Inc. Jim Buckley, 617-542-5300 Executive Vice President SOURCE: CRA International, Inc.