Tuesday, 09 February 2010
 

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Testimonial

"Sanjay was always very perceptive, knowledgeable and very prompt in answering our inquiries and preparing various scenarios of damage. You, of course, as always were an exemplary expert witness in the witness chair. You handled cross examaniation as an expert should handle it, knowledgeable, perceptive and articulate."

Mitchell T. Williams

Williams & Williams: Attorneys at Law

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Circularity of Life in Securities Class Actions

"Recent criticism of securities class actions has principally concerned the “circularity” found in
the damages remedy prescribed by the U.S. securities laws. The circularity argument is more
correctly characterized as a number of related but distinct arguments. These circularity
arguments are related in that they each emanate from the fact that a company’s current
shareholders (or its insurers) pay the remedy for securities fraud to former and current
shareholders. The circularity arguments are distinct in that the underlying economic basis for
each argument can be analyzed and addressed separately."

 

See paper here .

 
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Forensic Economics is a world-class consulting firm that specializes in applying financial and economic principles to provide top-caliber expert testimony in high-stakes litigation.