Alejandro Hoyos focuses on regulatory investigations and white collar litigation, securities litigation, and quantification of economic damages. Dr. Hoyos supports clients and experts in federal and state court cases, private arbitration, and international arbitration. He also has significant corporate transaction litigation experience, including In re Tesla Motors Inc. Stockholder Litigation.
Dr. Hoyos’s work experience spans a range of industries, including consumer retail, cryptocurrencies, financial services, mining, and pharmaceuticals.
Regulatory investigations and white collar litigation
Dr. Hoyos has consulted to clients on regulatory investigations brought by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the UK Financial Conduct Authority (FCA). He has worked on matters involving:
- Assessing the economic impact of an alleged conflict of interest involving a hedge fund
- Assessing damages from a broker-dealer’s alleged failure to disclose practices in handling customers’ orders
- Analyzing a broker-dealers’ supervisory control policies and procedures
- Analyzing the economic impact of an alleged inadequate use of a benchmark index by an asset management firm
Securities litigation
Dr. Hoyos has extensive experience in class action and individual/opt-out securities litigation, in the United States and internationally. His work has included:
- Addressing economic issues under Section 10b of the Securities Exchange Act of 1934 and Sections 11 and 12 of the Securities Act of 1933
- Evaluating economic damages exposure
- Consulting on numerous cases involving preliminary assessments of class certification and merits strategies
- Supporting experts at the class certification stage, including on market efficiency, price impact, and the reliability of damages methodologies; and the merits stage in addressing negative causation issues in Section 11 matters
Quantification of economic damages
Dr. Hoyos has supported experts in the quantification of economic damages in international arbitration disputes and corporate transaction litigation. His work includes applying valuation methodologies to assess damages for mining and infrastructure projects in Latin America, and evaluating opposing experts’ proposed damages methodologies in the mining and agricultural industries.
Before joining Cornerstone Research, Dr. Hoyos worked at the World Bank and the InterAmerican Development Bank.