Fortaris Capital Advisors hires former federal agent Todd Allen to lead economic damages unit

Fortaris Capital Advisors named former IRS-CI, TIGTA and DHS-OIG Special Agent Todd Allen as managing director to run its Economic Damages Practice. The hire expands the firm’s financial fraud, litigation support and damages analysis work for clients across legal, insurance, corporate and government sectors.

Why it matters: - Fortaris Capital Advisors is adding a veteran federal investigator to deepen its economic damages and financial fraud capabilities. - The hire is aimed at cases that require both investigative work and quantified financial analysis, including litigation, insurance disputes and regulatory matters. - The move strengthens the firm’s ability to serve attorneys, corporations, insurers, fiduciaries, private equity firms and government agencies.

What happened: - Fortaris Capital Advisors named Todd Allen as managing director. - Allen will lead the firm’s Economic Damages Practice. - Allen’s role includes support for complex financial fraud investigations, forensic financial analysis and litigation support. - The announcement was made July 16, 2026, in Bloomfield Hills, Michigan.

The details: - Allen brings more than 25 years of federal law enforcement experience. - Allen served as a Special Agent with IRS-CI, TIGTA and DHS-OIG. - His casework included money laundering, bank fraud, wire fraud, public corruption and asset forfeiture. - Allen served as a DEA Task Force Officer in what was then the largest money laundering prosecution in the Eastern District of Michigan. - Allen received the Inspector General's Special Agent of the Year Award. - Fortaris said Allen will oversee economic damages work that includes calculations, lost profits analyses, asset tracing, forensic financial reconstruction and expert witness support. - The firm said Allen will provide financial analysis and investigative support to attorneys, corporations, insurance carriers, fiduciaries, private equity firms and government agencies. - Fortaris Capital Advisors said the appointment expands its capabilities in commercial litigation, shareholder disputes, securities and investment fraud, business interruption claims, insurance litigation, regulatory investigations, corporate misconduct, bankruptcy and receivership matters. - Fortaris Capital Advisors said its team combines former federal investigators, forensic accounting professionals, intelligence specialists and corporate security executives. - The firm says that multidisciplinary model is designed to address both investigative and financial aspects of high-stakes disputes. - Kevin M. Cronin, founder and CEO, said Allen’s background strengthens the firm’s ability to deliver comprehensive investigative and economic damages services.

Between the lines: - The hire signals that Fortaris is leaning further into expert-driven financial disputes, where credibility and defensible analysis can shape case outcomes. - Allen’s background in federal investigations gives Fortaris a resume point that may resonate with litigators and insurers looking for outside experts with law-enforcement experience. - The firm is positioning itself as an alternative to traditional consulting shops by combining investigation and financial analysis under one roof.

What's next: - Allen will begin leading the Economic Damages Practice immediately. - Fortaris is expected to use the hire to grow work tied to economic damages, fraud investigations and expert litigation support. - The company will continue marketing services through its national investigative, intelligence, litigation support, economic damages and security advisory platform. - More information is available in Fortaris Capital Advisors' announcement. - The firm also listed its LinkedIn page and Facebook page.