• Efficacy of Mortgage Modifications. Analyzed the performance of mortgage loan modifications by a large mortgage servicer.
  • Social Impact of Small Dollar Lending. Analyzed loan data from small dollar lenders to assess how regulatory constraints on small dollar lending on the basis of loan to income ratios will impact access to credit and default rates.
  • Cost of Private Securities Litigation. Conducted a comprehensive study to analyze the costs that securities class action lawsuits impose on shareholders.
  • Collateralized Debt Obligations. Assessed the impact of misrepresentations about liquidity problems on the value of CDO2 collateral.
  • Credit Default Swaps. Examined the risk faced by a giant financial institution in providing CDS protection and the adequacy of related disclosures.
  • Subprime Exposure Disclosure. Examined if a large bank had adequately disclosed its subprime exposure and the impact of its disclosures on share price; examined the validity of reliance on Fraud-on-the-market doctrine in a dispute about subprime exposure of a Government Sponsored Enterprise.
  • Mortgage Securitization. Analyzed efficiency of corporate bonds in a class certification case about disclosure of loan portfolio risk by a large housing lender.
  • Mortgage Loan Quality. Assessed the Impact of Borrower Misrepresentation on Loan Performance.
  • RMBS Trustee Certification. Examined loan exceptions documented in trustee certification reports and the association between loan exceptions and loan outcomes.
  • Risk Management and Hedging. Analyzed whether a large insurer has adequately managed and disclosed its risk, investigated the impact of its disclosures on share price.
  • Structured Investment Vehicle. Examined appropriateness of credit ratings assigned to a large Structured Investment Vehicle (SIV) in light of the losses suffered by investors during a financial crisis.
  • Stress Testing of Bank Capital Ratio. Advised a bank holding company on the impact of stress scenarios on regulatory capital ratio.
  • Nationalization Dispute. Conducted fair market valuation of a large cement firm in an International Center for Settlement of Investment Disputes arbitration.
  • Oil Price Manipulation. Examined economic evidence about potential price manipulation and developed a theoretical framework to highlight economic forces that determine whether price is manipulated or not.
  • Insider Trading. Examined economic evidence relating to an investigation about insider trading in a Business Development Corporation (BDC).
  • Efficiency of Bond Market. Analyzed efficiency of corporate bonds in a class certification case.
  • Principal Protected Notes. Assessed the market for structured products and the market’s awareness of credit risks associated with principal protected notes.
  • Tender Invitation for Bonds. Examined disclosures associated with the tender offer and evaluated whether the tendering behavior of bondholders was consistent with rational economic behavior.
  • Municipal Bonds. Analyzed performance of municipal bonds in a case about breach of fiduciary duty by the underwriter.
  • Mismanagement of Trust Assets. Evaluated claim of mismanagement of tribal trust funds over many decades.
  • Dividend Policy. Researched payout policy of the firm and its peers and outlined the pros and cons of alternative policies for the board of directors.
  • REIT Leverage. Examined the impact of indebtedness of REITs and their disclosure on shareholder wealth and analyzed the efficiency of financial markets in a developed economy.
  • Medical Procedures Pricing. Assessed the impact of industrial organization on prices of medical procedures in California.
  • Patent Pool Auction. Examined patent pool valuation in a bankruptcy auction.