Securities Litigation

CRA’s testifying experts provide opinions regarding market efficiency, whether alleged misstatements impacted securities prices, analyses of named plaintiff gains and losses, and other matters pertaining to certifying a class of investors.

Our experts conduct rigorous analysis of alleged damages to identify the range of factors that may be causally related to the alleged stock price decline in order assess whether there is evidence of loss causation associated with the alleged mis-statements or misleading disclosures.  We also provide reasoned and rigorous estimates of shareholder or company losses, and we provide clear and understandable presentations of those findings in reports and testimony.

CRA’s testifying experts bring specialized knowledge in areas such as financial statement auditing, accounting standards, merger and acquisitions, or other matters bearing on plaintiffs’ liability claims.

We assess plaintiff-style damages and loss causation claims early in the case process so clients can understand the magnitude and merits of plaintiffs’ damage arguments.  Our consultants help their clients in the settlement process through assistance drafting mediation positions, understanding plaintiffs’ economic, accounting, or other technical arguments, or benchmarking potential settlement against past cases.

During the discovery phase, we support counsel in identifying important discovery needs, reviewing and evaluating the discovery record, evaluating technical data such as trading records, general ledgers, or other data produced in discovery.

Our experts in executive compensation support or rebut scienter-related claims by analyzing the economic incentives of directors and officers or analyzing the trading behavior of executive officers.