In this closely watched nationally-publicized dispute and trial, the Plaintiffs, which included the founders and former executives of the dating app Tinder, agreed to settle their claims against Tinder’s parent company, Match Group, and Match Group’s former majority controlling shareholder,...

Compass Lexecon experts provided analysis in two recent and successful outcomes in consumer class action cases alleging product defects. The first was GM’s class settlement of economic loss claims resulting from recalls of ignition switch assemblies, side airbags, and electronic...

Court Tracks Analysis and Testimony of Compass Lexecon Affiliate Professor Robert M. Daines One of AIG's largest shareholders, Starr International Company, Inc. ("Starr") sued the United States, alleging that the Government's acquisition of AIG equity in connection with its bailout...

Compass Lexecon was retained on behalf of JP Morgan Investment Management (JPMIM) in two cases brought by AMBAC and Assured Guaranty alleging gross negligence and breaches of contract related to investment decisions for assets in two triple X securitizations providing...

Compass Lexecon’s President Professor Daniel R. Fischel was retained by the Plaintiff class to analyze the economic evidence in connection with their allegations of securities fraud against Household International. In an earlier trial, a federal court jury in Chicago adopted...

Compass Lexecon Senior Affiliate Professor Christopher L. Culp and Chicago Booth Professor Pietro Veronesi Filed Joint Report On March 30, 2016, Washington, D.C.'s federal district court Judge Rosemary M. Collyer rescinded the designation of MetLife, Inc. as a "systemically important...

Compass Lexecon Senior Consultant Professor Bradford Cornell was retained by counsel for Kenneth Griffin to address key valuation issues in Mr. Griffin’s divorce proceeding. Professor Cornell’s analyses involved, among other things, the estimation of Ken Griffin’s net worth, including the...

On September 8, 2015, Judge Victor Marrero of the Southern District of New York granted Goldman, Sachs’ motion for summary judgment, dismissing all claims against the firm. In 2006 and early 2007, Plaintiffs had purchased collateralized debt obligations (“CDOs”) structured...

In one of the biggest and most closely watched cases coming out the global financial crisis, Maurice "Hank" Greenberg and Starr International challenged the United States Government's financial rescue of American International Group, Inc. ("AIG") that began in September 2008....

This matter involved a stockholder class and derivative action against certain current and former members of the Board of Directors (the “Board”) of Activision Blizzard, Inc. (“Activision” or the “Company”) , Activision’s former majority stockholder Vivendi S.A. (“Vivendi”), and certain...

In a total victory for defendants in the first shareholder class action brought in New Zealand, the High Court ruled in this case that the IPO prospectus for Feltex Carpets Limited did not contain any material misstatements or omissions. The...

Compass Lexecon affiliate David K.A. Mordecai filed multiple expert reports and provided deposition testimony on behalf of Ironshore Insurance in litigation against the company’s former asset manager, Western Asset Management Company. The dispute involved breach of contract and breach of...

Judgment Follows Successful Trial Testimony of Compass Lexecon's President, Professor Daniel R. Fischel Last week, Judge Ronald A. Guzman of the Northern District of Illinois entered a judgment against Household International (now HSBC Finance Corporation) and three officer defendants of...

On October 3, 2013, just prior to trial, Compass Lexecon’s client, Deloitte & Touche LLP (Deloitte) settled multiple lawsuits in Florida state court in which both Deutsche Bank and the now-bankrupt entity Ocala Funding (Taylor Bean & Whitaker Mortgage Corp.’s...

Compass Lexecon experts Jon Orszag and Brad Cornell were retained by GeoEye as part of the regulatory review of its proposed merger with DigitalGlobe. GeoEye and Digital Globe were the only U.S. companies providing geospatial imagery to the U.S. government...

Compass Lexecon affiliate David K.A. Mordecai testified on behalf of Zurich Re, a major reinsurance firm, in a multibillion dollar asbestos dispute with a bankruptcy trust. The dispute involved a complex arrangement which included excess of loss reinsurance, risk financing...

Compass Lexecon affiliate David K.A. Mordecai advised Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C. and its client, The Anschutz Corporation, in a multimillion dollar securities dispute against a global banking institution and certain credit rating agencies. The dispute involved...

A motion for a temporary injunction was filed in the District Court of Harris County, Texas, 234th Judicial District, seeking to enjoin Blackstone Group, L.P.’s proposed buyout of Dynegy Inc. Dynegy shareholders claimed that the offer significantly undervalued the company....

In one of the most prominent cases arising from the financial crisis, the Securities and Exchange Commission sued Angelo Mozilo and other executives for securities fraud and insider trading related to their work running Countrywide Financial and its mortgage businesses....

A federal court jury in San Francisco found that Compass Lexecon’s client, Michael Pattison, was not liable for alleged securities fraud, aiding and abetting securities fraud, or aiding and abetting the filing of misleading reports in connection with an alleged...

Compass Lexecon was retained by Cliff Thau, Steven Paradise, and Hilary Preston of Vinson & Elkins on behalf of their client Stone Energy Corp. in a case involving the company’s revision of its proved oil and gas reserves. Compass Lexecon...

Working on behalf of Royal Dutch and Shell, Compass Lexecon provided significant assistance to the defense of this case, which resulting, among other things, the first class-wide settlement between European investors and a European company over European securities claims. The...

Last week, after a five week trial before the Honorable Judge Ronald A. Guzman, a federal court jury in Chicago delivered a verdict against Household International and three officer defendants and in favor of Compass Lexecon's client, a class of...