Erin B. McHugh

Education

MBA, MIT Sloan School of Management
BA, magna cum laude, in economics and French, Amherst College
Chartered Financial Analyst® (CFA®) charterholder

Experience

Ms. McHugh is an Associate Director in NERA's Securities and Finance and International Arbitration Practices and manages projects in the areas of economics, finance, and valuation. She has consulted on litigation and arbitration matters in various venues, as well as on internal and regulatory investigations. She has also provided testimony as an expert witness. In regulatory investigations, Ms. McHugh has consulted on matters involving retail sales of distressed sovereign debt, retail sales of equity-linked structured notes, and the alleged manipulation of benchmark rates. Ms. McHugh has consulted on numerous disputes between brokerage firms and customers concerning investments in equities, derivatives, fixed income, and structured finance securities. She has evaluated risk characteristics of the investments, concentration, and damages, among other issues.

Ms. McHugh has consulted on matters involving the valuation of financial products (including various derivatives) and business assets. She has substantial experience with auction-rate securities and structured finance securities, such as subprime RMBS and CDOs, as well as in analysis of the impact of the credit crisis on liquidity and pricing. In matters involving hedge funds, Ms. McHugh has estimated counterfactual hedge fund performance and flows absent an alleged breach. In securities class action lawsuits, she has analyzed issues of class certification, materiality, and damages.

Ms. McHugh has presented at industry conferences and law firms on various topics. She is also co-author of “Floating-Rate Mortgage Securities” in The Handbook of Mortgage-Backed Securities (Frank J. Fabozzi, ed., 2016) and co-author of “Causation” in The Investment Treaty Arbitration Review (Barton Legum, ed., 2018).

Ms. McHugh holds an MBA from the MIT Sloan School of Management and a BA, magna cum laude, in Economics and French from Amherst College, where she was awarded three departmental prizes in Economics. She is a CFA® charterholder and has also completed coursework in finance and mathematical finance at New York University.