Dr. Patrick Conroy

Senior Managing Director


Tel: +1 305 341 5025

Email: patrick.conroy@nera.com
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PhD in economics, University of Miami
BA in foreign policy, American University


Dr. Conroy, Managing Director in NERA’s Securities and Finance Practice, specializes in economic analysis of securities and finance issues.

Dr. Conroy has provided evidence in US federal district and state court proceedings, and in European, Asian, and Latin America venues. In addition, he has provided opinions at various arbitrations and mediations.

His securities- and finance-related work at NERA is focused on providing expert testimony and consulting involving securities trading, corporate finance, EFTs and mutual/hedge funds, securities lending, securities fraud, derivatives, leases, swaps, FX, ADRs, private equity, and FCPA matters. Examples of Dr. Conroy’s notable engagements include: United States v. Blankenship; Veleron Holding, B.V. v. BNP Paribas SA; Securities and Exchange Commission v. Cuban; and U.S. v. Alcoa World Alumina LLC.

Dr. Conroy served as Chair of NERA’s Securities and Finance Practice for a six-year term. Prior to joining the firm, Dr. Conroy was an economist at the US Securities and Exchange Commission where he conducted research on ECNs, foreign securities, IPOs, underwriting, mutual funds, and securities fraud, and provided support for policy areas such as market microstructure and market regulation. Previously, he was a product manager at the fintech online broker Folio Investing where he designed content and developed new functionality.

Title Type Author
Review of the White House Report Titled, "The Effects of Conflicted Investment Advice... Working Paper Dr. Patrick Conroy, et al.
Insurance Coverage Towers and Predicted Settlements Working Paper By Dr. Patrick Conroy and Dr. Jordan Milev
ETFs: Overview and Recent Issues Brief By Dr. Patrick Conroy, Dr. James Overdahl, and Robert Patton, et al.
Economic Analysis of Damages under the Foreign Corrupt Practices Act (FCPA) Working Paper Dr. Patrick Conroy and Dr. Graeme Hunter
Options Backdating: The Statistics of Luck Working Paper By Dr. Patrick Conroy et al.
Options Backdating: Accounting, Tax, and Economics Working Paper By Dr. Patrick Conroy et al.
Options Backdating: A Primer Working Paper By Dr. Patrick Conroy et al.