Financial Institutions and Banking

Fiduciary Duty and Conflicts of Interest

Fiduciary Duty and Conflicts of Interest

The duties and conduct of financial institutions' directors, officers, and other fiduciaries are routinely scrutinized in financial institution litigation. Common themes in litigation include allegations of breach of fiduciary duty and conflict of interest. Examining these claims requires comprehensive and objective analysis of the actions in question, as well as a deep knowledge and understanding of regulatory and industry standards. NERA combines significant financial institution supervision, policy-making, and industry experience with extensive analytical and research capabilities to address these complex issues.

We have provided expert analysis and testimony for both defendants and plaintiffs in a variety of areas, including:

  • Duties of bank boards, and individual directors and officers (D&O)
  • Duties of registered investment advisors (RIAs) and broker-dealers
  • Duties of investment fund trustees
  • Conflicts of interest and non-public information
  • Separation of proprietary vs. consumer accounts
Name Title Location Phone Email
Dr. Patrick Conroy Managing Director New York City +1 212 345 1466 patrick.conroy@nera.com
Title Type Author
Trends in Canadian Securities Class Actions: 2019 Update Report Bradley A. Heys, Robert Patton, Jielei Mao
Recent Trends in Securities Class Action Litigation: 2019 Full-Year Review Report Janeen McIntosh and Svetlana Starykh
Fed's Real-Time Payments Idea Presents Risks, Challenges Published Article Ling Ling Ang, with Judy Mok
Recent Trends in US Securities Class Action Litigation: H1 2019 Update Report Janeen McIntosh and Svetlana Starykh
Snapshot of Recent Trends in Asbestos Litigation: 2019 Update Report Mary Elizabeth C. Stern and Lucy P. Allen
Recent Trends in Securities Class Action Litigation: Q1 2019 Update Report Stefan Boettrich and Svetlana Starykh
Trends in Canadian Securities Class Actions: 2018 Update Report Bradley A. Heys and Robert Patton
Recent Trends in Securities Class Action Litigation: 2018 Full-Year Review Report Stefan Boettrich and Svetlana Starykh
Recent Trends in Securities Class Action Litigation: H1 2018 Update Report Stefan Boettrich and Svetlana Starykh
Crypto Market Surveillance Has Arrived Published Article Dr. Jordan Milev, Trevor Wagener, et. al.