Did you know that your browser is out of date?
For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
NERA's Role in Insurance Arbitration over Fortune 100 Company Securities Class Action
The Situation
A Fortune 100 company was in dispute with its insurers over a securities class action lawsuit settlement for nearly $200 million. An arbitration in London dealt with, among other issues, the reasonableness of the settlement.
NERA's Role
NERA Senior Vice President Dr. David Tabak testified on behalf the Fortune 100 company with regard to the reasonableness of the underlying settlement, relying on analyses including statistical modeling based on NERA's database of securities class action settlements.
The Result
Note: Due to the confidentiality requirements of this arbitration matter, we are unable to disclose many details, including the outcome.