He specializes in assisting legal counsel and senior management during financial and fraud investigations, as well as with the economic and accounting aspects of litigation.
With 20 years of experience, Mr. Shanahan’s experience includes financial reporting misstatement, employee misconduct, misappropriation of assets, bid-rigging, and bribery and corruption (FCPA / U.K. Bribery Act) matters. He brings significant experience in investigating fraudulent schemes as part of bankruptcy and civil receivership proceedings and has served as an expert witness on behalf of the Federal Government during related criminal proceedings. Additionally, he consults and testifies on litigation matters involving financial and accounting issues, including economic damages, fraudulent conveyance, lost profit analysis and business interruption claims.
Mr. Shanahan’s notable engagements include assisting the Court-Appointed Examiner in a bankruptcy proceeding determine whether certain related-party transactions were structured and implemented to improperly remove assets from the Debtor prior to bankruptcy filing, conducting an investigation amid bribery and corruption allegations concerning the senior management team of a computer component maker’s facility in Southeast Asia, and investigated allegations of fraud and breach of fiduciary duty regarding an estimated $2 billion under-funding of a city employees’ retirement fund.
Additionally, Mr. Shanahan investigated the business dealings of a leading developer of solar energy projects and advised the Unsecured Creditors Committee in connection with the company’s bankruptcy proceedings. He subsequently advised the successor Trustee in connection with avoidance actions valued at over $1 billion in an effort to increase the recovery for the unsecured creditors.
Prior to joining A&M, Mr. Shanahan was a Senior Director with Kroll, where he assisted clients with fraud, fidelity claim investigations, due diligence and business interruption claims. He began his career with a public accounting firm where he assisted clients with forensic accounting and bankruptcy matters, in addition to audit and tax services.
Mr. Shanahan earned a bachelor’s degree in accounting from Villanova University. He is a licensed Certified Public Accountant, a Certified Fraud Examiner and Certified in Financial Forensics.