Finance Expert Witnesses Opine In Princeton U Case

In Robertson v. Princeton, descendants of donor Marie Robertson and her husband, Princeton class of 1926 alumnus Charles Robertson, sued Princeton University to redirect the funds she gave to create the Robertson Foundation for the benefit of Princeton University in 1961. Princeton estimates that it spent more than $40 million in pre-trial costs and that a trial and appeal will cost an additional $20 million for both sides.

Princeton produced nearly half a million pages of electronic and print documents in the discovery phase of the case. Finance expert witnesses gave reports and there were more than 5,000 trial exhibits identified. The University’s defense costs not covered by insurance, will be reimbursed by the Robertson Foundation.