NERA Economic Consulting

FTI Consulting Adds Former Mexican Government Energy Official to Growing Litigation & Disputes Resolution Practice

Retrieved on: 
Wednesday, March 27, 2024

WASHINGTON, March 27, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Veronica Irastorza as a Senior Managing Director in the Litigation & Disputes Resolution practice within the firm’s Economic Consulting segment.

Key Points: 
  • WASHINGTON, March 27, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Veronica Irastorza as a Senior Managing Director in the Litigation & Disputes Resolution practice within the firm’s Economic Consulting segment.
  • Ms. Irastorza joins FTI Consulting with more than 20 years of experience supporting clients with issues related to competition, regulation, economics of contracts, markets, damages, valuations, disputes and arbitrations, primarily in the energy sector.
  • “As energy investment continues to grow in Latin America, political and regulatory changes in an industry that is transitioning worldwide are resulting in a growing number of disputes,” said Dr. Jose Alberro , a Senior Managing Director in the Litigation & Dispute Resolution practice and Head of International Arbitration for Latin America at FTI Consulting.
  • The team joins a growing practice of experts across Canada, the United States and Latin America led by Dr. Randal Heeb .

INSTACART DRIVES OVER 231,000 GROCERY RETAIL JOBS, MORE THAN $15 BILLION IN SHOPPER EARNINGS, NEW ECONOMIC REPORT SHOWS

Retrieved on: 
Thursday, December 14, 2023

SAN FRANCISCO, Dec. 14, 2023 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today released the first-ever Instacart Economic Impact Report, quantifying the company's economic impact across all four sides of the Instacart marketplace — customers, shoppers, retailers, and brands.

Key Points: 
  • With its growing advertising business, Instacart has also helped more than 5,500 brand partners reach new customers and grow their businesses, driving an average of 15% incremental revenue lift for those companies, the report shows.
  • "In doing so, as this analysis shows, we're helping power local economies in the communities we serve.
  • We look forward to continuing to build new products and technologies that deliver measurable, sustainable value for every member of the Instacart community."
  • Notably, a disproportionately high percentage of the grocery jobs Instacart has helped generate have been at small businesses.

FTI Consulting Expands Economic Consulting Segment in Hong Kong with Appointment of Edwina Tam

Retrieved on: 
Wednesday, January 18, 2023

HONG KONG, Jan. 18, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Edwina Tam as a Senior Managing Director in the firm’s Economic Consulting segment in Hong Kong.

Key Points: 
  • HONG KONG, Jan. 18, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Edwina Tam as a Senior Managing Director in the firm’s Economic Consulting segment in Hong Kong.
  • At FTI Consulting, she will focus on developing the firm’s valuation services in contentious and non-contentious matters, particularly in the Greater China region.
  • James Nicholson , a Senior Managing Director and Head of Asia Economic Consulting at FTI Consulting, said, “Edwina brings an ability to lead high-stakes valuation projects to our team and adds an extra dimension to our market-leading offering in expert witness loss quantification work in litigation and arbitration.
  • She has provided litigation support services in financial and business valuations and loss-of-profit claims to the Hong Kong government, solicitors, listed companies and individual minority shareholders.

FTI Consulting Appoints Monish Paul as Senior Managing Director to Lead the Economic & Financial Consulting Practice in Western Australia

Retrieved on: 
Tuesday, July 19, 2022

PERTH, Australia, July 18, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Economic Consulting segment in Australia with the appointment of Monish Paul as a Senior Managing Director.

Key Points: 
  • PERTH, Australia, July 18, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Economic Consulting segment in Australia with the appointment of Monish Paul as a Senior Managing Director.
  • Over his career, he has held senior positions in global management consulting firms including IBM and Deloitte, with a focus on government and public policy, infrastructure, energy and financial services.
  • Robert Southern , a Senior Managing Director and Head of Australian Economic & Financial Consulting at FTI Consulting, said, Monishs extensive experience across a number of consulting and industry roles will further strengthen our national team and service offerings into Western Australia and the broader Australian market.
  • He is a respected non-executive director, and his current directorships include Western Power Corporation, P&N Limited and Landgate.

Alvarez & Marsal Expands Economic Consulting Expertise With the Appointment of Dr. Richard Bergin

Retrieved on: 
Thursday, February 24, 2022

Leading global professional services firm Alvarez & Marsal (A&M) has appointed Richard Bergin as a Managing Director with its Disputes and Investigations practice and as North America Co-Leader of the firms Economic Consulting team.

Key Points: 
  • Leading global professional services firm Alvarez & Marsal (A&M) has appointed Richard Bergin as a Managing Director with its Disputes and Investigations practice and as North America Co-Leader of the firms Economic Consulting team.
  • With more than 20 years experience testifying on economic damages, loss causation and valuation, Dr. Bergin specializes in antitrust, structured finance, international arbitration and securities cases.
  • Dr. Bergin has advised clients in a variety of industries, including energy, pharmaceuticals, software, electronics, chemical, and financial services.
  • Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results.

Trends in 2021 Securities Class Actions: Filings, Resolutions, and Median Settlement Values Decline Substantially

Retrieved on: 
Tuesday, January 25, 2022

This is one of many significant findings identified in Recent Trends in Securities Class Action Litigation: 2021 Full-Year Review , the latest edition of an annual report released by NERA Economic Consulting .

Key Points: 
  • This is one of many significant findings identified in Recent Trends in Securities Class Action Litigation: 2021 Full-Year Review , the latest edition of an annual report released by NERA Economic Consulting .
  • Of the 239 cases resolved in 2021, 153 were dismissed and 86 resolved through a settlement.
  • This is a decline in dismissed cases and total resolutions relative to 2020 and the lowest recorded level of total resolutions since 2015.
  • In addition to NERAs US report, the firm produces an annual report on securities class action litigation in Canada here .

FTI Consulting and Compass Lexecon Professionals Lead Who’s Who Legal Commercial Litigation Guide

Retrieved on: 
Monday, November 1, 2021

WASHINGTON, Nov. 01, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm and its Compass Lexecon subsidiary had the most professionals named to the 2021 Whos Who Legal: Commercial Litigation guide.

Key Points: 
  • WASHINGTON, Nov. 01, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm and its Compass Lexecon subsidiary had the most professionals named to the 2021 Whos Who Legal: Commercial Litigation guide.
  • FTI Consulting and Compass Lexecon had 23 professionals named to the list.
  • These experts represented the firms Corporate Finance & Restructuring, Economic Consulting and Forensic and Litigation Consulting segments and hail from six countries.
  • FTI Consulting professionals named to the 2021 list include the following:
    Brent Bersin , Senior Managing Director, Forensic and Litigation Consulting Houston
    Mark Bezant , Senior Managing Director, Economic Consulting London
    Matthias Cazier-Darmois , Senior Managing Director, Economic Consulting Paris
    Carrie Distler , Senior Managing Director, Forensic and Litigation Consulting Chicago
    David Eastwood , Senior Managing Director, Economic Consulting London
    John Ellison , Senior Managing Director, Economic Consulting London
    Leonardo Florencio , Senior Managing Director, Corporate Finance & Restructuring So Paulo
    Juliette Fortin , Senior Managing Director, Economic Consulting Paris
    Basil Imburgia , Senior Managing Director, Forensic and Litigation Consulting New York
    Ben Johnson , Senior Managing Director, Economic Consulting Hong Kong
    Gary Kleinrichert , Senior Managing Director, Forensic and Litigation Consulting Chicago
    Romain Lortat-Jacob , Managing Director, Economic Consulting Paris
    Noel Matthews , Senior Managing Director, Economic Consulting London
    Montek Mayal , Senior Managing Director, Economic Consulting New Delhi
    Graham McNeill , Senior Managing Director, Forensic and Litigation Consulting Hong Kong
    Mike Pilgrem , Senior Managing Director, Economic Consulting London
    Jon Rowell , Senior Managing Director, Forensic and Litigation Consulting Hong Kong
    Tim Warren , Managing Director, Economic Consulting London
    Compass Lexecon professionals named to the 2021 list include the following:
    Ralph Scholten , Executive Vice President Washington, D.C.
    FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.

Tsvetan Beloreshki Rejoins NERA’s Securities and Finance Practice

Retrieved on: 
Tuesday, September 28, 2021

NERA Economic Consulting is pleased to announce the arrival of Tsvetan Beloreshki to our Securities and Finance Practice as a Managing Director in the New York City office.

Key Points: 
  • NERA Economic Consulting is pleased to announce the arrival of Tsvetan Beloreshki to our Securities and Finance Practice as a Managing Director in the New York City office.
  • It is a pleasure to welcome Tsvetan back to NERA, said Dr. Faten Sabry , Chair of NERAs Global Securities and Finance Practice.
  • The NERA team can anticipate my utmost effort to support and add to the already incredible work of the firms world-class Securities and Finance Practice.
  • NERA Economic Consulting is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges.

New Study Shows Instacart Spurs Job Growth And Revenue Increases Across The U.S. Grocery Industry

Retrieved on: 
Thursday, September 23, 2021

The study finds that Instacart created approximately 186,000 additional jobs in the U.S. grocery industry and increased total grocery revenue by $6.4 billion from 2013 through the second quarter of 2020.

Key Points: 
  • The study finds that Instacart created approximately 186,000 additional jobs in the U.S. grocery industry and increased total grocery revenue by $6.4 billion from 2013 through the second quarter of 2020.
  • This 'Instacart Effect'the causal relationship between Instacart's growth and the growth of the grocery industryis a national phenomenon benefitting retailers, workers, consumers, and local economies."
  • Using rigorous statistical methods and analyzing data from across all 50 states and Washington D.C., the study demonstrates a robust relationship between Instacart adoption in local markets and grocery employment and revenue growth in the grocery industry.
  • Grocery Industry and its Workers: As online grocery grows, so does the revenue it drives across the grocery industry.

NERA Appoints James Mellsop New Chair of Antitrust and Competition Practice

Retrieved on: 
Wednesday, June 30, 2021

NERA Economic Consulting is pleased to announce that James Mellsop has been named Chair of the Antitrust and Competition Practice, assuming the role on 1 July 2021.

Key Points: 
  • NERA Economic Consulting is pleased to announce that James Mellsop has been named Chair of the Antitrust and Competition Practice, assuming the role on 1 July 2021.
  • Mr. Mellsop will lead a team of more than 150 competition consultants, including over 60 economic experts, spanning Asia Pacific, Europe, and North America.
  • View the full release here: https://www.businesswire.com/news/home/20210630005905/en/
    James Mellsop, NERA Economic Consulting, Antitrust and Competition Practice Chair (Photo: Business Wire)
    James is a trusted advisor to his clients and has been one of the firms leaders for many years now, said NERA President Dr. Lawrence Wu .
  • Lauren Stiroh has been an exceptional Practice Chair, leading some of the brightest minds in competition economics and developing our next generation of thought leaders, said Dr. Wu.