JEROME F. SHERMAN Ph.D
Name - Jerome F. Sherman
Address - 9947 Essex
Omaha, NE 68114
Telephone - 402-397-6698
Fax - 402-397-6948
E-mail - JFSherman@AOL.com
Other - Born: February l6, l940, Lincoln, NE
- Height: 6’4”
- Weight: 235
- Married - 4 adult children
- Wife’s name - Jeanette
High School - St. Cecilia High School, Hastings, NE
Graduated: May, l958
B.S. - Regis College, Denver, CO
Graduated: May, l962
Major Field: Mathematics
M.A. - Memphis State University, Memphis, TN
Graduated: May, l968
Major Field: Finance and Economics
Ph.D. - University of Mississippi, Oxford, MS
Graduated: May, l973
Major Field: Finance
EDUCATION AREAS OF SPECIAL INTEREST
Ph.D. Primary Field - Finance and Investments
1. Quantitative Economics and Statistics
Associate Professor Finance, Creighton University. Primarily responsible for finance and
investment courses on the undergraduate and graduate level for 23 years. Retired (Tenured)
Rehireded by Creighton University in 2006.
Assistant Professor of Finance at the University of Nebraska-Lincoln for 6 years. Primarily
responsible for teaching courses in investments and finance. (Tenured)
Instructor of Economics and Finance at Christian Brothers College, Memphis, Tennessee
(2 years). Primarily responsible for teaching courses in economics and finance.
Head basketball coach and mathematics teacher at St. Cecilia High School, Hastings,
Nebraska (2 years)
Board of Directors, New York Mortgage Trust (NTR), New York. Chairman of the audit
Board of Directors of Network Typesetting, Inc., an Omaha based firm.
Board of Directors of Advanced Display Technology, Inc., and Omaha based firm.
A consultant to First Corporate Finance of Omaha for the purpose of structuring and valuing
venture capital proposals.
A consultant to the corporate finance department of First Mid-American. Basic responsibility
was the evaluation of proposed financing of Midwestern Corporations and the evaluation of
tax-sheltered investments for two years.
Research analyst for Kirkpatrick, Pettis, Smith, Polian, Inc. in Omaha, Nebraska for two
years. Started the research department.
Research analyst for First Mid-America in Lincoln, Nebraska for one year.
Registered Representative with First Mid-America, Lincoln, Nebraska and with Kohlmeyer
and Company (l965-l967). Both positions were registered representatives.
Owner of General Investment Company, a broker-dealer firm in Memphis, Tennessee. This
company specialized in merchandising mutual funds (l968-1971).
Who’s Who in Nebraska; l976-77 Bicentennial Edition.
Outstanding Teacher, College of Business Administration. Creighton University, l979-80
Faculty of the Year, College of Business Administration, Creighton University, 1998-1999.
RESEARCH (PUBLISHED) ARTICLES
Jerome F. Sherman and Fred Luthans, “Expansion and Environmental Protection: The
Financial Dilemma Facing Electric Utilities”, The Journal of Behavioral Economics, Winter,
Jerome F. Sherman and H. David Heumann, “Beware of the Need for Registering New Issues
of Securities in Nebraska”, Business in Nebraska, May, l975.
Jerome F. Sherman, “A New Retirement Program for Corporations; Employee’s Stock
Ownership Trust”, Business in Nebraska, February, l977.
Jerome F. Sherman, “Valuation of Pensions”, The Prairie Barrister, Fourth Quarter, l980.
Jerome F. Sherman, “Projection of Economic Loss - Inflation vs. Present Value”, Creighton
Law Review, Spring, 1981. Cited by the United States Supreme Court in Jones - Laughlin
Steel Corporation vs. Pfeifer. No. 82-131. Argued February 28, l983.
Jerome F. Sherman, “Can Municipal Bond Portfolios Be Successfully Hedged”, Midsouth
Journal of Economics, Volume 5 number 2, 1981.
Jerome F. Sherman, “The Present Value of Structured Settlements”, The Prairie Barrister,
Second Quarter, 1981.
Jerome F. Sherman, “Valuation of Professional Degrees”, The Prairie Barrister, Fourth
Jerome F. Sherman and Fred Luthans, “ESOP: A Win - Win Strategy for Rewarding
Employees and Employers”, Strategy and Executive Action, Spring l984
Jerome F. Sherman and Robert R. Johnson, “The Financial World: A Campus and Travel
Course,” Journal of Financial Education. Vol. XVI (Fall 1987) pp. 26-31.
Jerome F. Sherman and Peter S. Sherman, “An Analytical Comparison of Productivity
Between US and Japanese Companies” Pan-Pacific Conference XVI, June 1999. Fiji
Jerome F. Sherman, “Correspondence Course for Micronesia—Public Finance”,
University Extension Division, The University of Nebraska, 1971.
I have worked in over 900 cases for both plaintiff and defense attorneys throughout the
United States the past twenty-five years. My experience in expert testimony has been in the
(1) Economic loss due to death or accident.
(2) Determination of lost earnings in business cases.
(3) Rate of return testimony in utility rate cases in Nebraska and Iowa.
(4) Valuations of privately-held corporations for Employee Stock Ownership Plans.
(5) Studies of need and convenience for bank charters and financial projections
(6) Valuation of privately-held corporations.
(7) Wage disputes in The Court of Industrial Relations.
(8) Valuation of professional corporations.
(9) Valuations of trademarks.
(10) Valuation for mergers and acquisitions.
(1) Presentation to the Nebraska State Bar Association on the use of an economist as an
expert witness. l974.
(2) Presentation to the Lincoln Bar Association on inflation vs. present value. l976.
(3) Moderator of a panel discussion of the Institute of Corporate Finance and Securities
Distribution, College of Law, University of Nebraska. l977.
(4) Lecturer at the seminar for continuing legal education for attorneys and counselors in
Iowa. January, l978.
(5) Panelist at seminar for continuing legal education at The College of Law, University
(6) Paper presented at Nebraska Economics and Business Association Conference. l979.
(7) Paper presented to the Association of Trial Lawyers of Iowa on the use of economic
testimony in court. l982.
. EXPERT TESTIMONY (Continued)
(8) Participants in seminar for continuing legal education for attorneys and counselors at
Creighton University. Summer, l983
(9) Presentation on valuing privately-held corporations at the 7th Annual Mid-America
Accounting and Auditing Conference. October, l984.
(10) Presentation at seminar on Nebraska law on the measure of damages sponsored by
the Nebraska Continuing Education, Inc. June, 1986.
(11) Paper presentation, “The Value of Economic Testimony in Personal Injury and Death
Cases.” Nebraska Association of Trial Attorneys, Spring, 1987.
(12) Presentation of economic testimony for Nebraska Continuing Legal Education, Inc.,
(13) Presentation on “The Theory of Economic Damages.” Nebraska Association Trail
Attorneys, Winter 1988.
(14) Presentation on economic damages in a trial advocacy program in Nebraska.
(15) Presentation on economic damages in a seminar on trial practice sponsored by the
Nebraska Association of Trial Attorney’s. Spring, 1996.
Served as a consultant or wrote research reports on the following companies:
Art’s Way Manufacturing (Iowa) Leggett and Platt (Missouri)
Justin Industries (Texas) Carpenter Paper (Nebraska)
Empire Fire and Marine (Nebraska) Burlington Railroad (Nebraska)
Southern California Water (California) Washington Natural Gas (Washington)
American Banker’s Life (Florida) Cullum Companies (Texas)
Dayton Malleable Iron (Ohio) W.A. Krueger (Arizona)
Omaha National Bank (Nebraska) First National Bank - Lincoln (Nebraska)
Southwest Petrochemical (Kansas) National Bank of Commerce (Nebraska)
Miracle Recreation (Iowa) Starr Broadcasting (Louisiana)
Godfather’s Pizza, Inc. (Nebraska) Midwest Walnut (Nebraska)
MUD (Nebraska) Northwestern Bell (Nebraska)
InterNorth (Nebraska) Union Pacific Railroad (Nebraska)
Member of Omaha Economic Development Council
Board of Trustees of Sanitary Improvement District l88.
Task force member of the Health Planning Council of the Midlands.
Rank and Tenure Committee. One year
Academic Council. (University wide) Three years
Curriculum Committee. Four years
Committee for Admissions. (University wide) Two years
College of Business Graduate School Committee. Two years
Board of Directors, Regency Homes Association for 11 years. (President -10 years)
Board of Directors, Regency Lake Association for 11 years (President -5 years)
PROFESSIONAL MEMBERSHIP (Past or Present)
Member of Nebraska Economics and Business Association
Chartered Financial Analysts
Midsouth Academy of Economist
Financial Executive Institute
Financial Management Association
SERVICE TO THE STATE
I have given lectures of the state of the economy and the stock market to various businessmen
and community leaders in the following Nebraska cities.
Omaha York Holdrege
Lincoln Hastings Lexington
Beatrice Grand Island Fremont