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Case

Axiom Investment Advisors LLC et al. v. Deutsche Bank AG

An SDNY judge denied certification of two proposed classes in FX last-look matter on the grounds that the plaintiffs failed to meet predominance requirements.

Case

Ohio Public Employees Retirement System (OPERS) v. Federal Home Loan Mortgage Corporation et al.

A USDC judge denied plaintiff’s motion for class certification on market efficiency, price impact, and Comcast grounds and excluded opposing expert’s testimony.

Case

Alleged Misrepresentations in RMBS Offering Documents

Cornerstone Research worked on several phases of one of the earliest RMBS matters, including class certification, summary judgment, and expert Daubert motions.

Case

In re Xerox Corp. Consolidated Shareholder Litigation

After the judge ruled in favor of a temporary injunction in the $6 billion merger injunction case, Xerox announced it would not pursue the deal and settled with shareholders.

Case

SEC Proceeding Regarding Municipal Debt Offering

The SEC dropped their investigation into the defendants’ municipal debt offering.

Case

Excessive Risk: Corporate and Municipal Bond Funds

Cornerstone Research was retained by counsel for a family of corporate and municipal bond funds that suffered sharp declines in net asset value in the wake of the financial crisis.

Case

Mortgage-Backed Securities and Collateralized Debt Obligations

Cornerstone Research staff and experts bring extensive expertise to the analysis and valuation of structured debt instruments and their derivatives.

Case

Securitized Mortgage Defaults

Cornerstone Research has worked with academic experts to analyze the factors driving defaults on securitized mortgages.

Case

Variable Rate Demand Obligations

A FINRA arbitration panel denied all claims in their entirety.

Case

Publicly Traded Company Valuation Following Acquisition

Defense counsel retained Cornerstone Research to evaluate the fairness of an acquisition price and whether the analyses and inputs used to support the sale price were reasonable.

Case

Auction Rate Securities (ARS)

Our work in numerous ARS matters includes cases brought by issuers and investors against investment banks that served as underwriters and broker-dealers for ARS.

Case

CDO Collateral Management Agreement

Cornerstone Research analyzed an investor bank’s claims of improper practices by the CDO collateral manager, which allegedly led to investor losses during the financial crisis.

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