Michael Lindh

Principal

Contact

  • San Francisco

Education

Michael Lindh leads teams to analyze economic and financial issues in securities, financial institutions, valuation, and general damages matters. Mr. Lindh supports clients through all phases of litigation, including discovery, class certification, motion practice, and merits, as well as at trial. He works with prominent academic and industry experts testifying in litigation in federal and state courts and in arbitrations. Mr. Lindh has experience with regulatory investigations, including by the Securities and Exchange Commission (SEC), and mediations. His industry experience includes consumer products, financial services, healthcare, media, and information technology.

Securities litigation

Mr. Lindh analyzes economic issues and supports experts in securities litigation involving Section 10(b) of the Securities Exchange Act of 1934 and Sections 11 and 12 of the Securities Act of 1933. He has analyzed common stock, preferred stock, and fixed income securities in these matters.

At the class certification stage, Mr. Lindh analyzes market efficiency, price impact, and adequacy of damages methodologies. At the merits stage, he addresses loss causation and damages issues for Section 10(b) cases, as well as negative causation for Section 11 and 12 cases. He has consulted with clients to estimate aggregate damages in securities cases and prepared settlement benchmarking analyses.

Financial institutions

Mr. Lindh has extensive experience consulting on financial institutions litigation and regulatory investigations, including matters involving alleged market manipulation. In these contexts, he has analyzed fixed income securities, including mortgage-backed securities, money market instruments, and financial derivatives, including interest rate swaps and credit default swaps.

Mr. Lindh has experience analyzing large amounts of internal and market data associated with such instruments.

Valuation

Mr. Lindh has assessed valuations for both companies and individual assets. His expertise includes application of various valuation methodologies, notably discounted cash flow (DCF) and scenario analysis. Mr. Lindh has also evaluated comparable companies, precedent transactions, company structure, and cost of capital.

General damages

Mr. Lindh also works on a variety of other matters, including alleged trade secret misappropriation and breach of contract issues. He has calculated lost profits and unjust enrichment, and has supported experts opining on damages in such matters.

  • “Securities Law in Focus: A Look Ahead at the Shaping Litigation Trends in 2024,” Knowledge Webcasts, 20 February 2024