Gerald B. Lumer

Executive Vice President


Gerald Lumer is an Executive Vice President with Compass Lexecon based in Chicago. His areas of expertise include securities, corporate governance, antitrust and healthcare. He has conducted studies on a wide range of topics including residential mortgage backed securities, collateralized debt obligations, market manipulation, valuation of fixed income securities, class certification and damages. Prior to joining Compass Lexecon (formerly Lexecon), Lumer was a senior financial economist at the Securities and Exchange Commission. While there he testified in enforcement proceedings and advised enforcement staff and commissioners on the economic evidence and the appropriate sanctions in cases involving accounting fraud, market manipulation, and trading practices. While at the SEC, Lumer was also an adjunct associate professor of Finance at the University of Maryland School of Business. He earned his Ph.D. from MIT and has published in the Journal of Business.

Prior to joining the SEC, Lumer was an economist at the Antitrust Division of the U.S. Department of Justice. There he evaluated the competitive effects of mergers and advised on enforcement policy in the telecommunications, healthcare, pharmaceutical and financial services industries.

Lumer is also a licensed physician. He holds an M.D. from McGill University and completed his internship in internal medicine at the Mayo Clinic. He has published in the Journal of the American Medical Association and the European Heart Journal.

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    • PhD in Economics, Massachusetts Institute of Technology
    • MD, McGill Faculty of Medicine
    • BA, Duke University

Gerald’s cases

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