Russell Molter



  • Chicago


Russell Molter provides financial and economic analysis in complex commercial litigation and regulatory proceedings. Mr. Molter specializes in matters involving accounting, auditing, forensic investigation, and merger efficiencies. He has led large teams and works closely with attorneys, supporting multiple academic and industry experts at all stages of litigation. Mr. Molter’s industry expertise includes finance, healthcare, manufacturing, oil and gas, and technology.

Accounting, auditing, and forensic investigations

Mr. Molter has more than a decade of experience with matters involving U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). In these contexts, he has analyzed a range of issues related to cost accounting, accounting for income taxes, revenue recognition, contingent liabilities, fair value, and derivatives.

In matters involving Generally Accepted Auditing Standards (GAAS), Mr. Molter has addressed actions brought by the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB). He has consulted on other litigations and investigations related to auditor liability, and performed forensic services in multiple matters involving alleged fraud and concealment schemes.

Merger efficiencies and failing firm analysis

Mr. Molter has assessed merger efficiencies and failing firm issues for both the merging parties and government agencies. He has evaluated merger specificity and verifiability of claimed efficiencies, and conducted profitability analyses to assess whether firms are failing and their assets are likely to exit the relevant market.

Before joining Cornerstone Research, Mr. Molter performed forensic accounting investigations and provided litigation consulting services at Capstone Advisory Group. He also worked as an auditor in Ernst & Young LLP’s Assurance and Advisory practice.

Mr. Molter is a member of the executive board of the Center for Disability and Elder Law (CDEL), and also serves as board treasurer.

Professional Affiliations
Press Release

Cornerstone Research Promotes Four to Principal in Boston, Chicago, and Washington


Efficiencies Defense in the Spotlight After T-Mobile/Sprint Ruling


In the Matter of Otto Bock HealthCare North America Inc.


Commercial Metals Company’s Acquisition of Certain Assets from Gerdau S.A.


Proposed Merger of Aetna and Humana Enjoined