FINANCE AND SECURITIES LITIGATION
Criterion’s economists use econometrics, statistics, numerical methods, and financial mathematics to analyze finance and securities issues including market efficiency, materiality, securities fraud, insider trading, and damages. We have worked with clients to achieve favorable findings and developed innovative approaches to recognize the causality and outcomes in Rule 10b-5 cases.
Representative practice areas include:
- Insider trading
- Breach of fiduciary duties
- Cost of capital
- Antitakeover legislation
- Options pricing
- Use of empirical financial methods to measure damages
- Default risk
Representative projects include:
- An economic analysis of materiality in response to a Wells letter from the Securities and Exchange Commission in an investigation of alleged insider trading by the CEO of a Fortune 500 corporation in violation of Rule 10b-5
- Analysis of the model and assumptions used by a leading investment bank star telecommunications industry analyst to support his erroneously high share-price forecasts following WorldCom’s bankruptcy