Securities Expert Witnesses

What is a securities expert witness?

Securities expert witness candidates have areas of expertise in securities law, securities regulation, economic damage calculations, financial planning, forensic accounting, financial markets, and/or are certified fraud examiners (CFE) or registered investment advisors. Securities litigation expert witnesses are attorneys with experience in securities and regulatory investigations. An experienced securities fraud expert witness may be needed if financial crimes are suspected. While many experts have expertise in securities matters, an expert witness carries the additional responsibility of providing testimony in a manner whereby lay people can understand the litigation matters and evidence.

What types of cases require a securities expert witness?

A U.S. investor is protected by the Financial Industry Regulatory Authority (FINRA), a government-authorized not-for-profit organization that oversees broker-dealers. FINRA utilizes artificial intelligence and machine learning technologies to watch market activity and provide support to investors, regulators, and policy makers.

Securities are tradable financial assets, and can be categorized into three main types:

• Debt securities (for example – banknotes, bonds and debentures)
• Equity securities (for example – common stocks)
• Derivatives (for example – forwards, futures, options, and swaps)

Securities expert witness case examples

Representative matters that call for an expert in financial and securities litigation have involved:

• insider trading,
• securities arbitration,
• securities fraud,
• mutual funds,
• breach of fiduciary duty,
• life insurance-linked securities,
• private equity misrepresentation,
• FINRA dispute resolution,
• unauthorized trading,
• employment disputes,
• annuities,
• real estate underwriting,
• investment banking,
• financial services intellectual property valuation,
• investment fiduciary duty, and
• securities class action.

What litigation support work might a securities expert witness be expected to perform?

Litigation support services by a securities expert witness could represent either the plaintiff or defendant, and work could include case reviews, FINRA arbitrations, research and authoring expert reports, providing expert opinions, expert testimony, and/or courtroom testimony. In a high-profile case, or litigation involving a significant financial stake, a law firm may request an expert with prior expert witness testimony experience. In addition, clients may seek a securities industry expert or financial advisor for pre-litigation consulting services.

Cahn Litigation Services is the expert witness placement service provider of choice by law firm clients to locate experts that can support securities and other financial services industry matters. Cahn Litigation Services has the experience required to turn a search for a securities expert witness around quickly, providing the right balance of expertise and testimony experience.

Related Disciplines

Securities Expert Witness - Representative Bios

Please Note: All Cahn Litigation expert witness searches are customized to attorneys' precise specifications and preferences. Attorneys are encouraged to discuss search parameters with a Cahn search specialist.

Start Custom Search

The below expert witness bios represent a small fraction of those Securities experts known by Cahn Litigation Services. These bios are provided to give lawyers a sense of the Securities landscape.

• Expert Witness #232336

  This expert has many years in Compliance and Supervisory Management and has spent many years in the Securities industry. This expert is a professional trainer and contributor at industry conferences and regulatory authorities. This expert has been a FINRA and NYSE Arbitration Chair and panel member for many years and earned various Securities Brokerage licenses over this expert's professional life. This expert is a seasoned expert witness having participated in over 300 securities litigations and testifying in approximately 150 arbitrations.

  
  Start Securities Expert Search

• Expert Witness #248514

  This expert is a Professor of Law at an Ivy League School. This expert holds a BA and JD, as well as a PhD in Economics. Prior to entering teaching, this expert practiced law with an international law firm, an experience which continues to inform this expert's teaching and scholarly work. This expert's academic interests are in the areas of corporate and securities law, law and economics, and international securities regulation and comparative corporate law. This expert's articles have appeared in many legal publications, and this expert is also the author two books. This expert has taught at several universities, is a member of the Council on Foreign Relations, and the American Law Schools Association. This expert teaches International Securities Regulation, Securities Regulation, Corporate Finance, and Capital Markets Regulation.

  
  Start Securities Expert Search

• Expert Witness #248557

  This expert holds an MBA from an Ivy League School and has many years of experience in the securities industry. Currently a founder of an expert witness consulting firm, this expert's expertise extends to security analysis, international transactions, options, futures, and equity and debt instruments. This expert is the former director of a Fortune 500 Company's Options and Stocks and Bonds Departments and co-headed the Options Department at an investment bank. This expert is heavily involved in international arbitrations on securities matters and has provided testimony and inside consulting on numerous Federal District Court matters. This expert is well published, with 30 publications, and has written articles on Punitive Damages and Compensatory Damage Litigation.

  
  Start Securities Expert Search

• Expert Witness #248563

  This expert has testified in nearly thirty Securities arbitration, litigation, and mediation matters, and has been a consultant in nearly 200 others. This expert has many years of Securities Industry experience that includes experience as a broker, Branch Manager and a senior level executive at corporate headquarters. This expert has served as an NYSE Arbitrator.

  
  Start Securities Expert Search

• Expert Witness #248638

  This expert is one of the few professional, independent financial expert witnesses in banking, corporate securities, trading, derivatives, client/bank disputes and market misconduct. This expert has been appointed to provide research reports and Court evidence for a wide range of complex financial litigation and arbitration cases from Hong Kong to the US. This expert has reviewed the cases of both Plaintiffs and Defendants, in civil and criminal disputes, including those involving synthetic derivatives, insider trading, mis-selling, misuse of information, employment contracts, shareholder agreements, loan documents, disputes between banks and clients, setting of pricing, and determination of quantum. This expert has a great deal of experience sifting evidence in the field of market misconduct, frequently being appointed by the Regulators - or indeed appointed by the defendants. This expert is a Practicing Member of the Academy of Experts.

  This expert is very familiar with the financial markets, having been a stockbroker, fund manager and private banker involved with sales, trading, investment management and banking. This expert has very strong and current technical skills, including managing directly invested long and hedge funds and funds in many asset classes, including bonds. This expert is a sought-after financial commentator, is frequently published in national and international newspapers, and has appeared on television broadcasts throughout the world.

  This expert has established several compliance departments and implemented such processes. This expert is an SFC Type 1, 4 and 9 Responsible Officer and is qualified to run Authorized Funds through types 4 and 9. This expert operates as an investment management consultant through the firm, whose clients include investing institutions, Fund Boards, expert witness panels, and securities organizations.

  
  Start Securities Expert Search

• Expert Witness #262128

  This expert specializes in derivatives, structured finance/securitization, finance and securities matters. This expert's experience includes asset-backed securities (ABS) of various types, collateralized loan obligations (CLOs), mortgage-backed securities (MBS), collateralized debt obligations (CDOs), credit default swaps (CDS), interest rate swaps, credit-linked notes (CLNs), repurchase ("repo") agreements and securities fraud.

  As a transactional attorney this expert has been an Associate, Special Counsel or Partner at several of the leading transactional law firms in the United States. As an expert witness and/or consultant, this expert has worked with many of the leading litigation firms, and leading litigation departments of full-service firms, in the country.

  This expert has drafted, reviewed and negotiated 100s of interest rate swap agreements. At one time this expert was the main swaps attorney for a firm, which at the time was the leading swaps dealer in the world. As legal representative to the International Swaps and Derivatives Association (ISDA) this expert was heavily involved in the drafting and negotiation of the Master Agreement forms that are still used throughout the swaps industry. This expert has served as an expert witness and consultant in a number of cases involving interest rate swaps.

  This expert is often called upon to participate in or moderate various seminars.

  This expert served as Chairman of the Structured Finance Committee of a State Bar Association. This expert is listed on American Arbitration Association's roster of arbitrators.

  
  Start Securities Expert Search

• Expert Witness #262355

  Having served as Chief Compliance Officer of a full-service broker-dealer for many years with responsibilities for investment banking and merger and acquisitions compliance and oversight, this expert has the expertise with respect to best practices/duties and responsibilities/obligations of a registered broker dealer.

  This expert heads a highly successful and sought-after compliance and regulatory consultancy specializing in matters relating to the broker-dealer and investment adviser community.

  This expert has held the following Securities Licenses:

  -  Series 24 - General Securities Principal

  -  Series 14 - Compliance Official Examination

  -  Series 8 - General Securities Sales Supervisor Examination

  -  Series 7 - General Securities Representative Examination

  -  Series 63 - Uniform Securities Agent State Law Examination Series

  -  65 - Uniform Investment Advisor Agent Law Examination

  -  Manager - Financial Services Authority

  This expert has served as:

  -  a speaker and lecturer for numerous conferences and events for the SEC, NYSE, NASD, NASAA, SIA, SIFMA, and other events sponsored by industry and regulatory organizations on multiple topics dealing with Compliance

  -  a member of the Securities Industry & Financial Markets Association (SIFMA) Compliance & Legal Division Executive Committee

  -  a member of a Board Options Exchange Compliance Advisory Panel

  -  a member of a Business Conduct Committee

  -  a member of the New York Stock Exchange (NYSE) Compliance Advisory Committee

  This expert has been engaged as an expert witness on more than 120 matters encompassing a full range of issues relating to the customs and practices, duties, responsibilities, and obligations of a registered broker dealer. This expert has testified at hearings or in deposition in more than 40 cases in federal courts, state courts, FINRA Office of Hearing Officer proceedings, American Arbitration Association Commercial Arbitration proceedings, and FINRA Arbitration proceedings.

  
  Start Securities Expert Search

• Expert Witness #262367

  This expert is a nationally renowned insurance and securities expert. This expert has been the Chief Compliance Officer of an independently owned national broker/dealer and has held senior management positions in the securities industry for many years.

  This expert has taught, consulted, and provided expert testimony on the suitability of insurance products and securities, sales practices, duties of brokers and firms, and adequacy of supervisory systems and due diligence. This expert has been retained in over 500 matters involving securities and has testified extensively as an expert in State and Federal courts and FINRA arbitrations including matters dealing with Broker/Dealer and RIA Compliance, Duties of Brokers, Advisors, and Institutions, Due Diligence, and other topics. This expert frequently lectures on the subject of industry standards and norms, and regulation in both the insurance and securities industries.

  This expert provides consulting and expert services to claimants, respondents, financial institutions, state and federal regulators. This expert has been quoted in various industry publications.

  
  Start Securities Expert Search

• Expert Witness #257722

  This expert is a former Assistant Regional Director of the Enforcement Division of the US Securities and Exchange Commission and investigated and litigated sales practice fraud, insider trading, accounting fraud, the sale of unregistered securities and other violations of the federal securities laws. This expert is an attorney and principal consultant and expert witness for a firm handling SEC, FINRA, Commodity Futures Commission and National Futures exchange matters. This expert represents public and private corporate clients and has served as an expert witness in Federal and State court in matters of securities regulation, securities arbitrations and bankruptcies. This expert is well-published and frequently contributes to the media on these topics.

  
  Start Securities Expert Search

• Expert Witness #222200

  This financial services industry expert is a former senior compliance officer and CPA with over 45 years of experience in the securities industry, including extensive experience in broker/dealer regulatory compliance and back-office operations. This expert has worked with CUSIPs throughout this expert's career and has extensive experience across the securities industry.

  
  Start Securities Expert Search

• Expert Witness #248543

  This investment banking corporate and transactions expert has over 25 years of experience in senior investment banking transactional leadership, execution, and profit-and-loss responsibility, including extensive work at a number of global investment banks. Executive responsibilities have included recruiting senior professionals, being recruited for senior capital markets positions, serving on compensation committees, and serving as an outside director of a privately held investment bank and broker-dealer for over 10 years. This expert also conducted a securities industry Mergers & Acquisitions practice that led to over 40 advisory assignments.

  This expert has taught investment banking and capitalism courses for decades, is well-published, and authored a securities industry primer on the conduct of underwritten public offerings. This expert has been active in securities industry association and self-regulatory organization affairs, including service on many committees. This expert is an experienced expert witness, having testified over 15 times in over 60 matters in various courts and at FINRA hearings.

  
  Start Securities Expert Search

• Expert Witness #251340

  This financial damages expert has over 15 years of experience working extensively in litigation matters related to securities, M&A, investment banking, derivatives, and valuation. Most of this expert's work is in securities litigation, specifically securities class actions. This expert is currently a university lecturer in economics and finance. This expert has calculated hundreds of damages in cases involving securities and bonds, and these damage estimates and methodologies have never been rejected by courts.

  
  Start Securities Expert Search

• Expert Witness #269434

  This investor best practices expert holds a Ph.D. in Accounting and Management and the CFA credential, and is a former economist at a major U.S. securities regulator who has worked extensively on conflicts of interest at financial institutions, including investment advisers and broker-dealers. This expert has worked on matters adverse to major U.S. and international financial regulators, including securities, commodities, banking, clearing, trade, and tax authorities. This expert has testified over 20 times in federal jury and bench trials, arbitrations, and depositions, and has participated in many securities regulator settlements both as a regulatory officer and later as an expert.

  This expert is an experienced expert witness and litigation consultant.

  
  Start Securities Expert Search

• Expert Witness #276680

  This FINRA arbitration expert is an attorney who has practiced at sophisticated levels of securities law for many years. This expert has extensive experience with disclosure and filing requirements, including requirements for updating, and regularly addressed issues relating to these matters throughout a legal career.

  This expert has been involved in numerous arbitrations and has significant experience with the arbitrator selection process.

  This expert has over 20 years of expert witness experience, including many matters involving securities law issues, and has extensive expertise writing reports, testifying, and otherwise providing expert guidance.

  
  Start Securities Expert Search

• Expert Witness #281442

  This insider trading expert holds a JD, chairs a government investigations and securities enforcement practice at a law firm, and has conducted internal investigations for over 15 years. This expert is a former financial-crimes prosecutor with a federal securities enforcement division and regularly practices before federal securities regulators, federal fraud prosecutors, United States Attorneys' Offices, self-regulatory organizations, state securities regulators, and public company accounting oversight bodies.

  This expert has been retained as an expert witness in high-stakes litigation and frequently appears in national and local print and broadcast media to comment on white collar, securities, and governance issues.

  
  Start Securities Expert Search

• Expert Witness #282611

  This FINRA liability expert is a Certified Securities Compliance Professional (CSCP?) with advanced proficiency in securities, fiduciary, and insurance compliance practices. This expert holds senior compliance and executive roles with a capital management firm and Registered Investment Adviser (RIA), and also leads a securities and insurance litigation support firm with over 15 experienced testifying and consulting experts.

  This expert has served as a FINRA arbitrator for over 10 years and is FINRA Chair Qualified. This expert has been selected as a panelist over 10 times, with a number of cases proceeding through a full FINRA arbitration, including contract disputes involving financial advisors.

  This expert is an experienced expert witness and litigation consultant and has been retained on over 100 cases, many of which remain active.

  
  Start Securities Expert Search

• Expert Witness #282687

  This RIA mergers and acquisition/recruitment expert has a B.A. in Business Administration and a J.D. and is an experienced senior investment professional with over thirty-five years of investment management and consulting experience. This expert has broad experience in many aspects of the securities industry, with first-hand experience in RIA mergers and acquisition, trading, clearing, custody, and recruiting and supervising Financial Advisors.

  This expert is a member of a securities expert roundtable and has spent recent years working as a chief operating and compliance officer for mid-sized independent RIAs. Responsibilities have included recruiting and onboarding Registered Investment Advisors. This expert has experience supporting arbitration, litigation, and enforcement matters, conducting internal investigations, and responding to and resolving regulatory investigations and examinations.

  Examples of previous litigation work include interpretation of securities and commodity statements and analysis of transactions; determination of client suitability and improper solicitation; in-depth analysis of options trading and how market volatility affects client holdings; suitability analysis of client investments; discovery of excessive trading ratios, including cost-to-equity, commission-to-equity, and turnover; clarification of client versus broker control of accounts and determination of broker self-interest; assessment of the validity of client complaints; statutory violations of the 33 and 34 Acts; and determination of client/RIA Fiduciary Duty, among other issues.

  
  Start Securities Expert Search

• Expert Witness #288108

  This securities/SEC expert is an attorney who, prior to consulting work, served as a senior legal executive and assistant general counsel to a major retail brokerage firm, overseeing litigation and regulatory matters affecting the firm. This expert managed securities litigation and arbitration matters before moving into a senior regulatory counsel role. In that capacity, this expert handled high-profile regulatory matters involving mutual fund breakpoints, mutual fund market timing, inactive fee-based accounts, and closed-end funds, and also served as senior regulatory counsel to an investment advisory line of business.

  This expert began a legal career as a Staff Attorney at the U.S. Securities and Exchange Commission in the Division of Corporation Finance, and later worked as a corporate and securities associate in the office of a well-regarded law firm. This expert became involved in mortgage-backed securities, commodity-based hedge funds, and corporate governance issues. This expert returned to the SEC in the Division of Enforcement, working on matters involving complex financial fraud, insider trading, broker-dealer issues, and revenue recognition. This expert also served as a senior legal officer, corporate secretary, and member of the senior management team of a bank-affiliated brokerage firm.

  
  Start Securities Expert Search

• Expert Witness #291593

  This municipal bond expert holds a Ph.D. in Public Administration and is a Professor Emeritus in public management and policy at a public research university. This expert previously served as a distinguished professor of public finance at another public university and specializes in municipal securities.

  For over 30 years, this expert served as editor-in-chief of a municipal finance journal focused on state and local government financing and municipal securities. This expert also served for a number of years as a public member on the board of a municipal securities self-regulatory organization created by Congress and operating under the U.S. Securities and Exchange Commission to promote a fair and efficient municipal securities market. This expert has received an industry contribution award from a national municipal analyst organization for contributions advancing the municipal bond industry.

  This expert's issuer and conduit-official experience has included bond transactions involving trustees and ultimate obligors, including revenue-bond default, trustee operational control, defeasance, and trustee fiduciary-duty issues.

  This expert is an experienced expert witness and litigation consultant.

  
  Start Securities Expert Search

• Expert Witness #295698

  This financial services industry expert has hands-on professional experience with market data, especially integrating securities identifiers into consolidated databases.

  This expert has designed and built trading systems, portfolio management systems, and risk and valuation systems for many asset classes, including equities, derivatives, credit default swaps, CDOs, MBS, CMBS, and related instruments.

  This expert served in a senior operations and information technology role for a multibillion-dollar structured finance hedge fund platform, managing a multidisciplinary team of software engineers, financial market quants, and technical specialists. The platform invested in and issued CDOs in both cash and synthetic form, with underlying collateral including RMBS, CMBS, and corporate securities. The portfolios included thousands of line items, a large volume of CUSIPs, and numerous RMBS deals and CDO portfolios.

  This expert was responsible for selecting and implementing platform-wide front-, middle-, and back-office systems, as well as developing targeted applications for securities valuation, surveillance, and risk management. This expert previously managed development of a commercial software platform for CDO and CLO valuation and surveillance, and developed intraday risk management software for an equity derivatives trading desk.

  This expert has testified on a number of financial subjects, many of which required operational fluency with securities identifiers.

  
  Start Securities Expert Search

• Expert Witness #295702

  This financial services industry expert is a senior professional at an economic consulting firm and a member of this expert faculty at a well-regarded university business school, with experience consulting on numerous matters involving valuation of securities across asset classes. This expert has also consulted on market structure, trading activity, and volume analysis in markets ranging from equities and fixed income to structured products and digital assets, including trading of exchange-listed derivatives.

  This expert's prior financial industry experience includes developing trading platforms and working on the operational aspects of measuring portfolio performance. In particular, this expert has worked directly on integrating and mapping unique security identifiers, such as CUSIPs, into in-house security master databases. This expert began a career in banking, working in analyst and management roles at major financial institutions. During this period, responsibilities included daily performance calculations for portfolios and separately managed accounts, which required interfacing with trading desks and middle- and back-office teams, as well as routinely adding new securities to internal securities master databases, primarily relying on CUSIPs.

  Later, this expert managed a Windows-based trading and portfolio management software platform. At the time, the platform was market-leading and provided real-time market quoting information, including prices and market depth, for listed equities to retail investors, while also allowing trading of exchange-listed derivatives.

  
  Start Securities Expert Search

• Expert Witness #296458

  This financial due diligence/regulatory compliance expert is a former investment banker, transactional attorney, and hedge fund counsel/compliance officer whose work focuses on matters at the intersection of litigation, regulation, transactions, and capital markets.

  This expert manages multidisciplinary professional teams in matters involving internal fraud and compliance investigations, corporate governance, and fiduciary duty issues, and frequently supports independent compliance monitors under U.S. Department of Justice and U.S. Securities and Exchange Commission appointments. This expert also advises companies and provides expert testimony on financing, securities, and M&A transactional disputes.

  This expert has conducted numerous internal investigations arising from federal investigations, shareholder allegations, and other circumstances. Substantial experience also includes risk management, operations, compliance issues, and dispute resolution involving private equity and hedge funds.

  This expert provides expert testimony on fiduciary duty and corporate governance issues arising in transactional disputes, shareholder derivative suits, other civil litigation, and criminal prosecutions. This expert has supported numerous independent compliance monitors under appointment by the U.S. Department of Justice and U.S. Securities and Exchange Commission.

  This expert previously held senior roles at major advisory and consulting firms and served as a senior executive at an advisory services firm specializing in corporate monitoring, internal investigations, and litigation and regulatory consulting. This expert also served as counsel and Chief Compliance Officer for a registered hedge fund manager with substantial assets under management, was a charter member of an investor advisory group of a public company accounting oversight body, and has taught corporation law at a well-regarded law school.

  
  Start Securities Expert Search