Goldin Supports Significant Client Litigation Victories

GA Update

Goldin AssociatesLLC is proud to have played central roles in two recent high-profile litigation victories for firm clients. In SEC v. Aletheia, No. 12-Civ.-10692 (C.D. Cal.), a significant SEC “cherry-picking” enforcement action, GA’s David W. Prager served as an expert on damages relating to investment “cherry-picking” by a fund manager.  The U.S. District Judge rejected the defense challenge to Prager’s intricate financial analysis of disgorgement damages and explained that Prager’s method led “precisely” to the correct calculation.  In an unrelated, but also significant matter, Taylor Bean & Whitaker Mortgage Corp./Ocala Funding, Goldin’s extensive forensic investigation and litigation support enabled clients BNP Paribas (represented by Boies Schiller & Flexner LLP) and Deutsche Bank (represented by Williams & Connolly, LLP) to recover $315 million in settlement of a longstanding dispute relating to mortgage-backed securities.

Goldin Senior Managing Director Harrison J. Goldin said, “Our tireless efforts in each of these cases were instrumental to our clients realizing their successes.”  Regarding the Aletheia matter, Goldin Managing Director David Prager said, “We are happy to have brought our complex quantitative skills and investment fund expertise to bear in proffering evidence that the Court adopted in this important enforcement action.” With respect to the Ocala matter, Goldin Director Manish Kumar said, “The combination of our tenacious forensic financial review and deep structured product experience was essential in helping our clients achieve such a favorable resolution.”