Quantified damages caused by a set of alleged omissions and false and misleading representations
Quantified damages caused by a set of alleged omissions and false and misleading representations that were revealed over a series of corrective disclosures. Conducted an event study analysis to estimate price response to new information; disentangled the impact of confounding factors through an adaptation of the framework of an earnings response coefficient. Analyzed thousands of shareholders’ trading records and applied the LIFO/FIFO framework to calculate the damages for individual shareholders. Applied the trading pattern from the trading records to a generalized trading model to quantify the open-class damages.