Compass Lexecon was retained by both CME Group Inc. and NYMEX Holdings, Inc. in connection with CME’s $8 billion acquisition of NYMEX. The deal combined the two largest US-based futures exchanges. In addition to providing antitrust consulting services to the merger, Compass Lexecon was also retained to provide litigation support … Continued
Janusz Ordover and Glenn Mitchell, supported by a Compass Lexecon team in Los Angeles and Washington, DC provided economic analysis for McCormick, the nation’s largest provider of spice and seasoning products, in their proposed acquisition of the Lawry’s brand from Unilever. Through written submissions and a presentation to the US … Continued
In this price-fixing class action, a plaintiff class of registered nurses in the Albany, NY area alleged that defendant hospitals in Albany conspired to fix nursing wages. Bobby Willig, supported by Meg Guerin-Calvert, Susan Manning, and a Compass Lexecon team in Washington, DC, testified on behalf of the defendants on … Continued
Compass Lexecon was retained by David Boies, Don Flexner, Bob Silver, Damien Marshall, Cynthia Christian, and Alanna Rutherford of Boies, Schiller & Flexner LLP to conduct analyses and provide testimony regarding liability and damages in American Express’ suit against Visa, MasterCard, and their member banks. The complaint alleged that the … Continued
On July 10, 2008, the United States Court of Appeal for the Third Circuit issued an opinion affirming judgments favorable to our client, ReliaStar Life Insurance Company, in its lengthy litigation with the Pruskys, well-know mutual fund market timers. The Third Circuit favorably cited Compass Lexecon expert Vince Warther's trial … Continued
In this class action, Janusz Ordover, supported by Jith Jayaratne and a Compass Lexecon team in San Francisco, provided economic analyses for Tyco Healthcare and concluded that the impact on members of a proposed class of direct purchasers of pulse oximetry products in the United States could not be assessed … Continued
On July 3, 2008, Judge Ewing Werlein ruled in favor of our client, Shell Petroleum, Inc., on its tax refund claim against the United States in connection with a dispute concerning the economic substance of a corporate reorganization under Section 351 of the Tax Code. The Court’s detailed ruling relied … Continued
Meg Guerin-Calvert and Jon Orszag were retained by The Doctors Company (TDC) and SCPIE Holdings Inc. (SCPIE) in TDC’s proposed acquisition of SCPIE. TDC and SCPIE were two of the largest providers of medical malpractice insurance in California. With numerous references to the white paper submitted by Compass Lexecon on … Continued
Compass Lexecon was retained by Boris Feldman, Gideon Schor, and Jennifer Lee of Wilson Sonsini Goodrich & Rosati on behalf of their client, The Facebook, Inc. Plaintiff and Facebook co-founder Eduardo Saverin moved in California court for a declaratory judgment that he was fraudulently induced to sign an agreement specifying … Continued
In this case, Compass Lexecon’s client Cendant Corp. sued an accounting firm claiming that the firm was responsible for Cendant’s restatement of prior financial results in 1998 which resulted in massive shareholder litigation. The accounting firm asserted counterclaims against Cendant for lost profits stemming from alleged harm to its reputation. … Continued