Expertise DescriptionI have more than 40 years of experience in Investment Banking and Capital Markets. My expertise in corporate finance includes dividend policy, unauthorized trading, churning, and stock repurchase; corporate governance and ethics; securities; mergers, acquisitions, and divestitures; asset gathering; and personnel retention and compensation structure. I have over 25 years expert witness experience with consultations, deposition, and courtroom testimony.
Areas of Expertise
My expert witness experience includes: breach of fiduciary duty; gross management; violations of the Sarbanes-Oxley Act; dispute between investor and broker and securities firm; conspiracy to commit wire, mail and securities fraud; dispute resolution; alleged damages resulting from initial public offering that didn't occur; dispute over merger and acquisition transaction.
My consulting services include: financial capital markets, and corporate governance advice to board of directors; reorganization, management, and integration of U.S. equity syndicate into global new issue operation; management of transition from traditional syndicate function to transaction-oriented capital markets desk to coper with introduction of SEC rules.
As head of syndicate at three global investment banks for almost 19 years; as head of capital markets at two of them and as the creator, original editor and currently co-editor of the complete resource for capital market professionals, I am confident I have the requisite experience on which to draw to be helpful.
During my 23 years in the senior position of leadership, authority and responsibility in corporate syndicate and primary capital markets at five investment banks, almost 19 of which were at the three major, global originating firms, I was integrally involved in all post-SEC filing aspects of over 1,250 managed/do-managed underwritten public offerings, some 150 of which were IPOs.
I have performed due diligence, counseled many a CEO/CFO and board of directors on all facets of public offerings.
As a faculty member, I am a Lecturer in Finance in the Master in Finance program since 2008. From 1996 to 2006 I taught Investment Banking in the MBA program. In addition, I conduct a securities expert witness practice. These two pursuits combined with co-editorship of the CMH help me to stay current with investment banking rules, practices, customs and traditions.
My service as an independent outside director/trustee on some 17 boards of directors enhances my corporate governance expertise and interaction with CEOs and CFOs and other senior officers in charge of line disciplines such as marketing.
Awards & Affiliation
Miami Design Preservation League
Partial List of Consulting Expert Witness Cases