Kumar 066
Personal Interests

Dr. Kumar is an economist with expertise in corporate finance issues including business valuation, securities and market microstructure. Since joining Brattle in 2009, she has conducted financial statement and valuation analysis in bankruptcy disputes, evaluated structured investments in tax litigation, and quantified business damages in a variety of scenarios. Dr. Kumar is also regularly involved in marketing initiatives and litigation projects concerning complex financial instruments. She has co-authored a recent academic journal article on the nature and impacts of high-frequency trading and a previous paper on the credit rating agencies’ role in failed structured finance instruments.

Dr. Kumar’s main areas of focus include bankruptcy, restructuring, and mergers and acquisitions-related litigation, the internal financial management of multinational corporations, and the economic and regulatory implications of recent shifts in financial market structure, including high-frequency trading.

Representative Engagements
February 16, 2016
Published in Practice Points, a publication of the ABA’s Securities Litigation Committee
Correct Application of Event Studies in Securities Litigation
December 17, 2015
Published in Event Study Tools
Hedge Fund Characteristics and Performance Persistence: Evidence from 1996-2006
April 27, 2015
Published in the Quarterly Journal of Finance (June 2015)
High-Frequency Trading in Litigation
March 26, 2015
Paul Hinton, Pavitra Kumar, and Lauren J. Schreur
Presented to The Knowledge Group
High-Frequency Trading Litigation Presents Complex Issues for Experts
June 2014
Zachary Ziliak, Pavitra Kumar, and Torben Voetmann
Published by The Brattle Group, Inc. Published on Law360
Computerized and High-Frequency Trading
May 2014
Published in The Financial Review, Vol. 49, No. 2
Estimating the Cost of Equity for Regulated Companies
February 17, 2013
Prepared for the Australian Pipeline Industry Association
Economic Considerations in Litigation Against the Credit Rating Agencies
April 2012
Published by The Brattle Group, Inc.
Trading at the Speed of Light: The Impact of High-Frequency Trading on Market Performance, Regulatory Oversight, and Securities Litigation
Published by The Brattle Group, Inc.

Pavitra grew up in the UK and now lives in the San Francisco bay area with her husband. She enjoys playing classical piano and also speaks proficient Spanish.