Engagements

CRA calculates economic damages from the mass departure of nearly 100 employees in the mortgage lending industry

Charles River Associates office building windows lights

CRA experts were retained on behalf of the Respondents to evaluate the economic damages in a matter involving claims of breach of contract, tortious interference, and trade secret misappropriation.

Our team evaluated the economic damages arising from the mass departure of nearly 100 of Claimant’s employees in the mortgage lending industry. Tasks included review and analysis of the Claimant’s calculation of economic damages, interest rate data, loan volume, other mortgage industry trends, and public filings data. CRA prepared multiple expert reports on behalf of the Respondent and provided deposition and arbitration testimony.

This is one of several employee raiding matters our Risk, Investigations & Analytics team has worked on in the mortgage brokerage industry.