For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
The SEC has been encouraging municipal securities issuers and underwriters to self-report under the Municipalities Continuing Disclosure Cooperation Initiative ("MCDC Initiative"). The initiative is intended to address "possible violations involving materially inaccurate statements relating to prior compliance with the continuing disclosure obligations specified in Rule 15c2-12 under the Securities Exchange Act of 1934." Issuers and underwriters frequently face important decisions as to whether lack of continuing disclosure with regard to certain items would constitute a "materially inaccurate misstatement" in the SEC's view.
Clients ask us to assist with actual or potential SEC investigations into the materiality of either disclosures made by the issuer or underwriter or the lack of ongoing disclosure by the issuer of information that the SEC may believe is material.
NERA's work in these cases involves a careful analysis of materiality using event studies as well as analysis of individual trade data and matrix pricing. An evaluation of the market efficiency of the security at issue is also an important aspect of the analysis to show whether the information would have been important enough to investors as to change the value of the securities. NERA experts also assist counsel in addressing claims as to whether bond prices moves or would have moved in response to a timely disclosure as well as opine on the size of the price move and whether it differs from the bond price move one typically sees on a day-to-day basis.
Name | Title | Location | Phone | |
---|---|---|---|---|
Lucy P. Allen | Managing Director | New York City | +1 212 345 5913 | lucy.allen@nera.com |
Dr. Patrick Conroy | Managing Director |
Miami
New York City |
+305 341 5025
+1 212 345 1466 |
patrick.conroy@nera.com |
Dr. Vinita Juneja |
Managing Director
Chair of NERA's White Collar, Investigations and Enforcement Practice |
New York City
London Toronto |
+1 212 345 3148
+44 20 7659 8618 +1 416 868 7314 |
vinita.juneja@nera.com |
Dr. Denise Neumann Martin | Managing Director | Miami | +1 305 808 7880 | denise.martin@nera.com |
Dr. Faten Sabry |
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. David Tabak | Managing Director | New York City | +1 212 345 2176 | david.tabak@nera.com |
Adam Warren | Managing Director | Chicago | +1 (312) 573-2821 | adam.warren@nera.com |
Dr. Stephanie Plancich | Director | New York City | +1 212 345 7719 | stephanie.plancich@nera.com |
Dr. Jordan Milev | Associate Director | New York City | +1 212 345 5516 | jordan.milev@nera.com |
Dr. Andrew Carron | Affiliated Consultant |
New York City
London |
+1 212 345 5407
+44 20 7659 8500 |
andrew.carron.affiliate@nera.com |
Title | Date | |||
---|---|---|---|---|
New York City Bankruptcy Conference | 10 June 2022 | |||
Statistics in Securities Litigation | 10 March 2022 | |||
Global Class Actions Symposium 2021 | 16 November 2021 | |||
SEC Roundup: Shadow Insider Training | 22 October 2021 | |||
NERA Insights Webinar | Meme Stocks and the Gamification of Retail Investing | 20 May 2021 | |||
Two Sides of the Coin: Future Cryptocurrency Regulatory and Litigation Risks | 17 March 2021 | |||
A Look Back at 2020 and What’s Ahead in 2021: Trends & Developments in Securities Lit... | 18 February 2021 | |||
NERA Insights Webinar | The State of Securities Class Actions: 2020 Trends and a Look... | 27 January 2021 | |||
NERA Insights Webinar | How Digital Disruption Is Reshaping Antitrust in the Financia... | 10 September 2020 | |||
PLI Securities Arbitration 2020 | 10 September 2020 | |||
Title | Date | Type | ||
---|---|---|---|---|
NERA Experts Promoted to Associate Director, Senior Consultant, and Consultant | 23 March 2022 | Press Release | ||
NERA Experts Promoted to Managing Director and Director | 15 February 2022 | Press Release | ||
Tsvetan Beloreshki Rejoins NERA’s Securities and Finance Practice | 28 September 2021 | Press Release | ||
NERA Experts Recognized in Who’s Who Legal: Commercial Litigation 2021 | 01 July 2021 | Press Release | ||
NERA Experts Recognized in Who’s Who Legal 2021 | 01 June 2021 | Press Release | ||
NERA Economic Consulting Announces Senior-Level Promotions | 23 February 2021 | Press Release | ||
Trends in 2020 Securities Class Actions: Filings Decline, Dismissals Soar, and COVID-... | 25 January 2021 | Press Release | ||
Steadfast in Uncertain Times: How NERA Is Responding | 16 April 2020 | Press Release | ||
Trends in 2019 Securities Class Actions: Filings Remain High, Resolutions Have Slowed... | 21 January 2020 | Press Release | ||
NERA Helps Nasdaq Recoup $78 Million in Breach-of-Contract Damages | 07 January 2020 | Press Release | ||