CRA assisted counsel for defendants in a dispute involving alleged violations of Section 11 of the Securities Act.
The plaintiffs alleged misstatements and omission of material facts in the IPO registration statement and prospectus of a Bitcoin mining company.
CRA’s team provided support with various analyses for the parties’ mediation, including plaintiff-style loss calculations, event study analysis, review of analyst reports and estimates, rebuttal arguments in response to the plaintiffs’ claims, and negative causation offset analysis.
