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  • Securities Litigation
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Case

Baker v. American Century Investment Management, Inc.

Counsel for American Century retained Cornerstone Research in an action alleging that the investment management company had charged excessive fees to its mutual fund customers.

Case

Reliance on Audited Financial Statements

Cornerstone Research and Professor Christopher James of the University of Florida were retained to assist KPMG in a dispute with a syndicate of banks over a secured line of credit…

Case

Bennett Funding Group Bankruptcy Cases

Cornerstone Research worked with William Silber of New York University on behalf of the Bennett bankruptcy estate to assess the value of a warrant of a small publicly traded company.

Case

Bullmore v. Ernst & Young

Counsel for Ernst & Young Cayman Islands retained Cornerstone Research and Professor Steven Grenadier of Stanford University in a New York Supreme Court case related to the failure of Beacon…

Case

Doft & Co. v. Travelocity.com Inc.

This appraisal case was brought after the merger of Travelocity.com and Sabre, which made Travelocity a wholly owned subsidiary of Sabre.

Case

Franchise Valuation

In a breach of contract case involving a national restaurant chain, Cornerstone Research assisted counsel for the plaintiffs, two potential franchisees, in valuing damages based on their claimed contractual share…

Case

Hedge Fund Management Firm Valuation

In a dispute arising over a hedge fund failure, Cornerstone Research was asked to value the firm that managed the fund and to assess how the firm’s value was affected…

Case

Monona Wire Corp. v. Code, Hennessey & Simmons

A leveraged buyout fund sued a venture capital firm, claiming an operating company sold to the plaintiff had been valued inappropriately and alleging failure to disclose material information about the…

Case

Oracle v. PeopleSoft

Counsel for Oracle retained Cornerstone Research and a finance professor to analyze the valuation methodologies used by PeopleSoft.

Case

OurHouse, Inc. v. UAL Loyalty Services, Inc.

OurHouse, Inc., alleged that United NewVentures breached a contractual obligation to grant OurHouse, for an up-front fee, the right to send weekly e-mail promotions to MyPoints members.

Case

Misleading Statements regarding Drug Safety

In this Rule 10b-5 case, the plaintiffs alleged that the price of ordinary common shares of a major pharmaceutical company, primarily traded in Europe, and American Depository Receipts (ADRs), traded…

Case

Credit Suisse First Boston (Lantronix) Analyst Securities Litigation

The U.S. District Court for the Southern District of New York decertified a class based partly on expert testimony that the analyst reports at issue did not inflate the stock…

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