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Stout

Justin L. Cherfoli

Justin L. Cherfoli

Managing Director

Stout
Michigan, U.S.A.

tel: 248 432 1242
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Local Time: Wed. 06:13

Profile
Justin Cherfoli is a Managing Director in the Valuation Advisory group and serves as the national practice leader for the firm’s Valuation Disputes / Family Law group. Since 2000, Justin has served as an expert witness or consultant in matters involving business valuation, economic damages, and forensic accounting for numerous purposes including marital dissolutions, shareholder disputes, commercial litigation, estate and gift taxation, financing, purchase and sale advisement, intellectual property valuations, reasonable compensation, and other tax, corporate, and litigation related matters. Additionally, Justin has been actively involved in providing a broad range of financial advice to trial lawyers throughout the dispute process, including matters involving economic damage analysis, diminution in business value, breach of contract, financial modeling, forensic accounting, fraud examinations, and disputes related to business transactions. Justin also serves as a court-appointed and/or mutually agreed-upon financial expert in shareholder disputes and divorce matters.

Justin was a chapter author to the chapters entitled “Valuation in Marital Dissolution” and “Valuation in Shareholder and Partner Disputes” in Business Valuation, published by the Law Journal Press, a division of ALM Media Properties, LLC. He was also a contributing author to the chapter entitled “Valuation Nuances in Litigation” in Business Valuation: A Primer for the Legal Professional, published by the Business Law Section of the American Bar Association. Justin has presented continuing education seminars on business valuation, lost profits, stock options, understanding tax returns, and tools for improving management decision-making. He has also published several articles on stock options, valuation and other related topics.

Education

M.B.A., Finance, Michigan State UniversityB.A., Accounting, Michigan State University

Designations:
Certified Public Accountant Accredited in Business Valuation
Certified Public Accountant Certified in Financial Forensics
Areas of Practice
Professional Career

Mr. Cherfoli is a Life Fellow of the Oakland County Bar Foundation. Mr. Cherfoli was also a 2009 recipient of Crain’s Detroit Business “40 Under 40” award.


Networks

Mr. Cherfoli serves on the Board of Trustees for the Oakland County Bar Foundation and on the Board of Directors for the RESTORE Foundation. He is a member of the Michigan Association of Certified Public Accountants (MACPA) and the American Institute of Certified Public Accountants (AICPA).




Professional Activities and Experience

Prior to joining Stout, Mr. Cherfoli was with Ernst & Young, LLP in its Assurance and Advisory Business Services Group in Detroit.
Articles

Mr. Cherfoli was a chapter author to the chapters entitled “Valuation in Marital Dissolution” and “Valuation in Shareholder and Partner Disputes” in Business Valuation, published by the Law Journal Press, a division of ALM Media Properties, LLC. He was also a contributing author to the chapter entitled “Valuation Nuances in Litigation” in Business Valuation: A Primer for the Legal Professional, published by the Business Law Section of the American Bar Association. Mr. Cherfoli has presented continuing education seminars on business valuation, lost profits, stock options, understanding tax returns, and tools for improving management decision-making. He has also published several articles on stock options, valuation and other related topics.


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