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NERA experts provide assistance at each stage of consumer class actions alleging misrepresentation, fraud, product failure or diminution of value. We have experience in a wide range of industries including credit cards, automobiles and automotive products, computers, sporting goods, medical products, buildings products, and telecommunication devices.
We are often asked, at an early stage of a class action,
to assess data requirements and assist clients with data management
issues. Certain data may be available from the company, e.g., in the
form of product sales and distribution records. In some cases, though,
data relevant to the litigation may not be available from business
records. NERA experts have conducted surveys to fill the data gap. For
example, we have developed surveys to assess whether product users were
similarly affected or to reveal that no typical class can be defined.
Increasingly, courts have been considering expert testimony
before ruling on class certification. Our empirical analyses have been
used at the class certification stage to provide an evidentiary basis
for properly delineating a class consistent with the requirements of
Rule 23(b) or rejecting class certification altogether. If the class has
already been certified, our experts help by quantifying potential
exposure, as well as developing rigorous estimates of any potential
damages. Our staff includes computer programmers who are skilled at the
efficient management and analysis of large databases, sometimes
containing information for several hundred thousand plaintiffs.
For parties engaged in the development of structured
settlements, NERA assists by modeling the expected liability and
administrative costs of settlement proposals. This analysis involves
predicting participation and approval rates, and consideration of
alternative means of payment such as coupons. Another important element
of such analyses is the estimation of the number of class members
expected to opt-out of the settlement, accounting for the evidentiary
requirements and other features of the settlement such as appeals
provisions. NERA helps to determine the best settlement structure by
estimating the effect of alternative payment and qualification criteria.
We also model cash flows, funding needs, and related insurance
recoveries.
Name | Title | Location | Phone | |
---|---|---|---|---|
Lucy P. Allen | Senior Managing Director | New York City | +1 212 345 5913 | lucy.allen@nera.com |
Dr. Denise Neumann Martin | Senior Managing Director | Miami | +1 305 808 7880 | denise.martin@nera.com |
Dr. Faten Sabry |
Senior Managing Director
Chair of NERA's Global Securities and Finance Practice Bankruptcy Practice Chair |
New York City
London |
+1 212 345 3285
+44 20 7659 8618 |
faten.sabry@nera.com |
Dr. Stephanie Plancich | Managing Director | New York City | +1 212 345 7719 | stephanie.plancich@nera.com |
Mary Elizabeth C. Stern | Managing Director | White Plains, NY | +1 914 448 4054 | mary.elizabeth.stern@nera.com |
Drew Claxton | Director | New York City | +1 212 345 3442 | drew.claxton@nera.com |
Janeen McIntosh | Senior Consultant | New York City | +1 212 345 1375 | janeen.mcintosh@nera.com |
Mark L. Berenblut | Affiliated Consultant |
Toronto
New York City London |
+1 416 868 7311
+1 917 475 0020 +44 20 3769 1096 |
mark.berenblut.affiliate@nera.com |
Dr. Kent Van Liere | Affiliated Consultant | San Francisco | +1 415 291 1000 | kent.vanliere@vanliereconsulting.com |
Title | Date | |||
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Asbestos Litigation Risks: How Recent Changes in Asbestos Landscape May Affect Your R... | 14 March 2019 | |||
2017 Women in Litigation Joint Conference | 15 November 2017 | |||
Asbestos Litigation Conference | 25 February 2010 | |||
Asbestos Litigation Mega Conference: A Comprehensive National Overview and Outlook | 14 September 2009 | |||
Diacetyl Litigation Update | 22 July 2009 | |||
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Title | Date | Type | ||
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NERA Economic Consulting Announces Senior-Level Promotions | 28 July 2022 | Press Release | ||
NERA Experts Promoted to Managing Director and Director | 15 February 2022 | Press Release | ||
NERA Economic Consulting Announces Senior-Level Promotions | 23 February 2021 | Press Release | ||
NERA Economic Consulting Opens Office in Miami, Florida | 14 November 2017 | Press Release | ||
NERA Economic Consulting Recognized in Who’s Who Legal: Consulting Experts Guide | 06 October 2016 | Press Release | ||
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