CRA experts were retained to analyze a portfolio of mortgage-backed securities and collateralized debt obligations. The CRA experts successfully rebutted the plaintiff’s claim that the risk and expected performance of the subject portfolio had been misrepresented. The experts further demonstrated that the defendant’s statements about the portfolio were consistent with those of other market participants. The defendant prevailed at trial.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....