Financial Instruments
For more than 30 years, Analysis Group has participated in some of the most significant litigations involving complex financial instruments. Our work has included supporting or serving as experts on many cases involving valuation of derivatives, both ex ante and ex post.
Specialized economic analysis is required in matters involving valuation, securities fraud, and class certification. Economic expertise also is needed to develop portfolio, risk, and loss causation analyses in 10b-5 cases, and to analyze documentation involving financial reporting, disclosure, investment suitability, shareholder communications, and investment suitability.
For banks, insurance companies, and regulatory agencies, we have valued complex derivative securities including:
- Common and preferred stocks
- Swaps, including credit default swaps (CDS)
- Mortgage-backed securities
- Debt instruments with various conversion and call provisions, including collateralized debt obligations (CDOs)
- Warrants
- Currency options
Common Threads in Mortgage-Backed Securities Cases
Managing Principal Mark Howrey and Vice President Adam Decter point out key questions that need to be addressed in these complex litigations.
Subprime Mortgage Litigation – Our expertise in litigations involving the subprime market, and in subprime lending disputes, includes all aspects of accounting, real estate and mortgage lending, and bankruptcy.
Our experience in loan origination, securitization, and servicing dates from our work on the “Winstar” cases arising out of the 1980s savings and loan crisis. We have a deep understanding of the underlying economic issues involving various stakeholders in the subprime market, including:
- Subprime borrowers alleging predatory lending practices
- Subprime lenders filing for bankruptcy
- Subprime lender shareholders alleging securities fraud
- Displaced employees of bankrupt lenders alleging pension mismanagement