M.B.A., Ross School of Business, University of Michigan; B.A., economics and business administration, Kalamazoo College
Summary of Experience:
Mr. Howrey has more than 15 years of experience providing consulting assistance to clients and supporting testifying experts, with a focus on finance, securities, and damages analyses in complex litigation. He has conducted analyses of market efficiency, examined loss causation and materiality, calculated damages, and assessed settlements in numerous securities matters involving alleged violations of Sections 10b-5, 11, and 12. Most recently, Mr. Howrey has consulted to large U.S. financial institutions in matters relating to the financial crisis and the decline of the mortgage industry. In these engagements, he has analyzed mortgage-backed securities as well as bonds and stocks of companies involved in the mortgage industry. He has also supported industry and academic experts and managed case teams in such high-profile matters as the multibillion-dollar Parmalat bankruptcy and multiple Enron-related litigations. He has conducted numerous event studies, including analysis of the impact of news and accounting disclosures on stock prices, as well as loss causation analyses. Mr. Howrey also has evaluated the business purpose and tax benefits of various corporate transactions, has prepared and critiqued many damages analyses in commercial litigation, and has examined accounting-related issues in numerous cases.