Philip Kruse

Senior Advisor
25+ years of experience providing accounting, auditing and consulting services
Significant experience in large complex investigations and commercial disputes
Specializes in fraud investigations, post-closing purchase price disputes, accounting restatements and reconstructions, and securities litigation
New York
@alvarezmarsal
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Philip Kruse is a Managing Director with Alvarez & Marsal Disputes and Investigations in New York.

Mr. Kruse has more than 30 years of experience providing accounting, auditing and consulting services to clients across a wide range of industries. He specializes in fraud and corruption investigations, post-closing purchase price disputes, accounting restatements and reconstructions, securities litigation and other litigation matters involving contract disputes and damage assessments.

He has led numerous high profile engagements including: 1) the forensics team at Lehman Brothers Holdings from its bankruptcy in September 2008 to 2016; 2) consulting expert for counsel to a large money center bank in connection with allegations stemming from the bank’s lending relationship with Parmalat; 3) investigation on behalf of counsel to the Special Litigation Committee of CA, Inc. (formerly Computer Associates) in connection with a prominent accounting restatement; 4) investigation on behalf of counsel to the Special Litigation Committee of Tyco International; and 5) investigation on behalf of counsel to the Audit Committee of Rite Aid Corporation which resulted in the largest restatement in SEC history at that time.

Mr. Kruse has participated in over 50 engagements involving post-closing purchase price and earn-out disputes, where he has served as a neutral arbitrator, as well as an adviser leading the investigation of potential objections to closing balance sheets, preparation of arbitration submissions and settlement negotiations. Other engagement experience includes various investigation and litigation matters such as securities litigation, FCPA violations and other anti-corruption issues, fraudulent conveyance, preference claims and substantive consolidation in bankruptcy, breach of representation claims, contract disputes including the valuation of contractual rights and investor disputes.

Mr. Kruse has served as an expert witness several times in arbitration and court proceedings.

Prior to A&M, Mr. Kruse was a Partner at Deloitte & Touche LLP where he served as the leader of the corporate investigations practice.

Mr. Kruse earned a bachelor's degree in Accounting and Business Administration from the University of Kansas. He is a Certified Public Accountant (CPA) licensed in New York and Texas. Mr. Kruse is a member of the American Institute of Certified Public Accountants (AICPA) and the New York Society of Certified Public Accountants and he holds the Certified in Financial Forensics designation of the AICPA.

NOTE: Alvarez & Marsal employs CPAs but is not a licensed CPA firm.

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