Broker-dealers’ duties and responsibilities are constantly challenged in both a contractual and fiduciary role. In order to address these issues effectively, experts must be able to knowledgeably analyze broker-dealer operations and explain complex products, disclosure requirements, valuation, damages, and a myriad of other issues. Defeating the natural hindsight bias often present in a contractual dispute or after a portfolio or investment underperforms requires a specialized expertise. Brattle experts have the breadth and depth of skills and experience to address these issues.
A Brattle expert has experience testifying for defendants’ counsel in connection with a municipal bond issuance and associated interest rate swap, remarketing agreement, bond insurance, and surety bond. Testimony topics included municipal bond valuation, market custom and practice, foreseeability of market events, credit ratings, and municipal bond insurance.
A Brattle expert has experience testifying for respondent’s counsel in several disputes involving purported broker recommendations to convert defined benefit plans into defined contribution plans. The testimony involved economic analysis of the potential financial outcomes, risks, disclosures, and foreseeability of the financial risks.
A Brattle expert has experience testifying for respondent’s counsel in several disputes involving investments in various Lehman Brothers-issued structured notes. Topics included product, issuer, and market risks; foreseeability of Lehman’s demise; market events and Government response; and product disclosures.
On behalf of leading broker-dealer alleging investment suitability violations in a FINRA arbitration matter, Brattle experts sourced and supported a custom and practice expert in the duties and responsibilities of a clearing broker and an economist providing damages testimony.
Complex business and legal matters require intellectually honest and analytically rigorous solutions that are thoughtfully developed and clearly communicated. We apply economic and finance principles with uncompromising quality to achieve clarity in the face of complexity. Independent analysis, responsive execution, and compelling presentation. That’s Brattle. That’s the Power of Economics.