Crowninshield paper: “Stock Price Reactivity to Earnings Announcements: The role of the Cammer/Krogman Factors” has been peer reviewed and accepted for publication in The Review of Quantitative Finance and Accounting. The article is available now online and is forthcoming in print.

Our academic research on the empirical relevance of the Cammer/Krogman factors for stock price reactivity to information flows has been published online and is to be published in print by the Review of Quantitative Finance and Accounting. The paper is available for academic use from Springer Nature or for general use from the Review of Quantitative Finance and Accounting

In Re Longfin Corp. Securities Class Action Litigation

Plaintiff in this matter alleged that the Company was engaged in a fraudulent and manipulative scheme, concealed by misrepresentations and omissions, which enabled the Company to inappropriately register shares, benefit from the sale of those shares, and qualify for trading on the NASDAQ, among other things. C. Jack Long of Crowninshield Financial Research provided expert analysis demonstrating that the market in which LongFin traded was efficient and that the alleged misrepresentations ...

SunEdison, Inc. Securities Litigation

June 11, 2019. Parties in the SunEdison Securities matter (Eastern District of Missouri) reached an agreement to settle the case for $74 million. Plaintiffs had alleged that SunEdison, Inc. made material misrepresentations and omissions regarding the Company’s liquidity and debt burden as it undertook aggressive expansion and acquisitions. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert analysis and deposition testimony on market efficiency, loss causation, and damages and ...

RH Securities Litigation

October 11, 2018. The Court in the RH Inc., Securities matter certified a class of common stock investors. Plaintiffs had alleged that the RH Inc. (f/k/a Restoration Hardware, Inc.) made material misrepresentations that the Company had sufficient inventory levels for its RH Modern product launch. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided analysis and deposition testimony on market efficiency and responded to defendants’ arguments regarding the feasibility of ...

American Realty Capital Properties Inc. Securities Litigation

September 10, 2019. Parties in the American Realty Capital Properties securities litigation (Southern District of New York) reached an agreement to settle the case for $1.02 billion. American Realty Capital Properties currently known as Vereit. Plaintiffs had alleged that American Realty Capital Properties, Inc. engaged in fraudulent accounting over several years and made materially false and misleading statements. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert analysis and several ...