Mark H. Egland

Education

M.B.A., finance, UCLA Anderson School of Management; B.A., mathematical economics, Pomona College; CFA charterholder

Summary of Experience

Mr. Egland specializes in financial issues pertaining to litigation, with a particular focus on investment suitability issues and assessing risk in financial markets. He directs the firm's risk management practice, which provides comprehensive risk audits of investment portfolios for investment managers, pension fund advisors, state governments, and corporate treasurers. He has led several teams evaluating claims of excessive fees in the mutual fund industry and on ERISA cases involving the reasonableness of fees charged to 401(k) plan participants. In addition, Mr. Egland has worked on several studies assessing the risk profiles of investment portfolios. In Florida State Board of Administration v. Alliance Capital Management, he led a case team that supported six external experts in a landmark trial victory in which a Florida jury found Alliance Capital not liable for the losses incurred by the Florida Retirement System pension fund as a result of Alliance Capital's investments in Enron stock. Mr. Egland also led a case team on behalf of American Century Investment Management in one of the largest mutual fund excessive fee actions ever filed, which was voluntarily dismissed by the plaintiffs before trial. Mr. Egland is a chartered financial analyst.

Selected Cases

• 401(k) Fee Litigation
• Assessing the Finances of the City of Vernon, California
• Baker v. American Century Investment Management
• Basis PAC-Rim Opportunity Fund Index Master et al vs TCW Asset Management Company
• Emeritus Corporation v. ARV Assisted Living
• In re American Funds Fee Litigation
• United States v. Schiff
• Wildman v. American Century Services, LLC, et al.