Securities fraud under Rule 10(b)-5

Securities fraud under Rule 10(b)-5

Pavel Nikolov
Financial Services
Forensic Accounting & Investigation | Damages & Valuation

When shareholders of one of the world’s largest insurance companies brought a multi-billion-dollar class action lawsuit against the company’s senior management, one of the defendants hired a CRA expert. The plaintiffs claimed that the defendants had breached their fiduciary duties in various ways and caused the company’s shares to lose value. CRA’s expert performed an event study and regression analysis which demonstrated that the plaintiff’s damages methodology was unreliable. The expert also demonstrated that the damages, if calculated properly, would be much smaller. Ultimately, the client entered into a favorable settlement.

Lorem ipsum dolor sit amet, congue lucilius disputando cum te, primis placerat accusamus cu quo. Vivendum recteque mnesarchum ex sed, ad eos ipsum bonorum appellantur, legendos facilisis dignissim ius in. Usu ad veritus nominati, no placerat tincidunt eum, graeco nominati argumentum ut eos. Id timeam impetus consequat cum, nibh assum voluptua qui ad, ei tractatos deseruisse quo. Paulo dolorum singulis mei ea, omnesque legendos philosophia ei pro, ne ludus petentium mel. Omnis volutpat eu pro. At feugiat senserit corrumpit has, ut fastidii suscipit sea. Sale aeque iracundia an est. Dico probatus ocurreret nec ad, paulo graecis hendrerit mel ut. Duo liber corpora ad. Usu in purto vero vide, ut veniam legendos philosophia eam, his nominati consulatu eu.