Vega experts in financial institutions are experienced in finance, economic theory, regulatory and industry practice, and risk management. Our experts possess deep industry knowledge from both a regulatory and commercial banking perspective, as well as knowledge of trading practices and financial markets. Members of our network have been retained to address issues arising out of financial services regulation, investigations, and litigation matters. Our experts are highly qualified and rely on years of subject matter experience in both academia and industry to provide potent expert testimony. They also rely on extensive statistical expertise to provide sophisticated economic models of financial markets, financial trading, risk, and damages.
Below is a list of example engagements for our Financial Institutions practice:
Analysis of Statutory Post-judgment Interest Rate: Vega Economics was retained by the Office of the New York State Attorney General to support Dr. James Wilcox from UC Berkeley Hass Business School in a high-profile case related to consumer debt judgment in the state of New York.
Analysis of Municipal Bond Underwriting: Gary Strumeyer and Vega Economics were retained by municipal bond underwriters to analyze and address underwriting of certain bonds at issue, the transactions by which certain investors acquired their bonds, and investors’ opportunities to sell their bonds.
Analysis of Underwriting Policies of a Retail Credit Card Program: Vega Economics was retained to support Mr. Myron Glucksman in a securities case to analyze underwriting policies of a retail credit card program, issued by a major private label credit card company.
Analysis of Regulatory Violations in Mortgage Loan Origination: Dr. Andrew Zuppann of Vega Economics was retained to provide an expert analysis of potential regulatory violations in the origination of mortgage loans for an arbitration proceeding. In support of the client, Dr. Zuppann analyzed loan files, origination documents, and related documents for a set of loans with alleged violations of one or more federal regulations and/or other underwriting issues during the origination process.
Master Servicing of RMBS: The Vega team supported the damages rebuttal expert, servicing expert, and securitization expert in the analysis and drafting of expert reports to address claims related to the obligations of an RMBS master servicer.
Spoofing in High Frequency Trading: In USA v Vorley and Chanu (1:18-cr-00035), Vega analyzed allegations of certain traders’ spoofing conduct and evaluated calculations of alleged market harm associated with these spoofing activities.
Analysis of the LIBOR Transition: The Vega team is engaged by one of the world’s largest banks to provide consulting and research support in connection with the LIBOR transition. As part of the engagement, Vega created mapping for over 300 RMBS transactions across different data sources and analyzes the impact of LIBOR transition and COFI cessation on loans backing these transactions.
Intervention by the Federal Reserve in a Distressed Company: A Vega expert provided testimony in a case involving the Federal Reserve’s intervention in a distressed corporation in connection with the 2008 financial crisis. The expert analyzed the Federal Reserve’s credit facilities and lending practices to financial institutions and other firms and provided an overview of the market crisis and its effect on the corporation.
Syndicated Loan Transaction: A Vega expert testified regarding the due diligence obligations in a syndicated loan transaction. The engagement involved analysis of the relevant regulatory duties of the parties to the transaction.
Servicing and Master Servicing of RMBS: The Vega team supported both the damages rebuttal expert and the servicing expert in the analysis and drafting of expert reports to address claims related to the obligations of the servicer and master servicer of RMBS in a half dozen cases.
Class Action Issues Regarding RMBS Trustees: In Royal Park Investments SA/NV v. Wells Fargo Bank, N.A. (S.D.N.Y No. 1:14-cv-09764) and BlackRock Allocation Target Shares: Series S Portfolio, et al. v. Wells Fargo Bank, N.A. (S.D.N.Y. No. 1:14-cv-09764), Vega supported the damages expert in analyzing the complex payment structures of the at-issue RMBS and determining the extent of heterogeneity among class members to address whether a proposed damages methodology could be consistently applied on a class-wide basis.
Low Tuck Kwong Distinguished Professor of Finance and a Professor of Economics and Real Estate at the National University of Singapore
- Real Estate
- Consumer Finance
- Financial Institutions
Founder of Robust Advisors, Inc.
- Real Estate
- Securities & Finance
- Financial Institutions
Assistant Professor of Finance and Real Estate at Yeshiva University and CEO of WOTN
- Real Estate
- FinTech, Blockchain, and Cryptocurrency
- Insurance & Risk
- Valuation
- Securities & Finance
- Financial Institutions
Principal at Bank Experts Group
- Real Estate
- Corporate Finance
- Securities & Finance
- Financial Institutions
- Corporate Governance
- Consumer Finance
- Corporate Finance
- Securities & Finance
- Financial Institutions
Banking/Internal Controls and Risk Management Expert
- Securities & Finance
- Insurance & Risk
- Financial Institutions
Continuing Lecturer of Finance and Real Estate at UCLA Anderson Graduate School of Management and Lecturer in Law at UCLA School of Law
- Real Estate
- Corporate Finance
- Valuation
- Financial Institutions
- Private Equity
- Accounting
Associate Professor in the Department of Finance of the Villanova School of Business at Villanova University
- Real Estate
- Corporate Finance
- Intellectual Property
- Antitrust & Competition
- Securities & Finance
- Financial Institutions
- Data Science & Statistics
Gary D. Cohn Goldman Sachs Chair in Finance in the Kogod School of Business at American University
- Securities & Finance
- Financial Institutions
Managing Director, Bentley Associates, L.P.
- Corporate Finance
- Securities & Finance
- Valuation
- Financial Institutions
Associate Professor of Finance at the Farmer School of Business, Miami University
- Antitrust & Competition
- Financial Institutions
- Valuation
- Data Science & Statistics
- Securities & Finance
Director of the Mathematics in Finance Master's program and a Clinical Professor of Mathematics at the Courant Institute of Mathematical Sciences, New York University; Partner at CorePoint.
- FinTech, Blockchain, and Cryptocurrency
- Securities & Finance
- Valuation
- Data Science & Statistics
- Financial Institutions
Founding Director, Perihelion Capital Advisors
- Financial Institutions
- Corporate Finance
- Data Science & Statistics
Allstate Chair in Insurance and Finance at UCLA Anderson School of Management
- Insurance & Risk
- Valuation
- Securities & Finance
- Financial Institutions
- Accounting
Executive Director of the Master of Finance program at Rady School of Management, University of California, San Diego
- Financial Institutions
Mortgage Lending/Regulatory Compliance Expert
- Insurance & Risk
- Securities & Finance
- Financial Institutions
Associate Professor of Finance at the MIT Sloan School of Management
- Financial Institutions
- Corporate Finance
- Securities & Finance
- Consumer Finance
William H. Purcell Consulting
- Financial Institutions
- Private Equity
- Bankruptcy & Insolvency
Consultant and Expert Witness
- Corporate Finance
- Securities & Finance
- Financial Institutions
University Lecturer at NYU Courant; Partner at CorePoint
- FinTech, Blockchain, and Cryptocurrency
- Valuation
- Securities & Finance
- Financial Institutions
- Data Science & Statistics
Professor of Finance in the Leavey School of Business at Santa Clara University
- Corporate Finance
- Securities & Finance
- FinTech, Blockchain, and Cryptocurrency
- Valuation
- Financial Institutions
John M. Schiff Professor of Finance in the Stern School of Business at NYU
- Securities & Finance
- Financial Institutions
Professor of Finance and the Foreman R. and Ruby Bennett Chair in Business Administration at Mays Business School, Texas A&M University
- Corporate Finance
- Financial Institutions
- Securities & Finance
Adjunct Professor of Finance/Economics, at LIU Post
- Corporate Finance
- Securities & Finance
- Financial Institutions
- Corporate Governance
Joseph Flom Professor of Law and Business at the Harvard Law School and the Douglas Weaver Professor of Business Law at the Harvard Business School
- Corporate Governance
- Financial Institutions
- Corporate Finance
Professor of the Graduate School, Haas School of Business, UC Berkeley
- Corporate Finance
- Consumer Finance
- Financial Institutions
Management Practice Associate Professor, University of Cambridge Judge Business School
- Accounting
- Financial Institutions
- Securities & Finance