Defense counsel retained Cornerstone Research to assess putative damages in a case involving an international Ponzi scheme. Following the collapse of a financial institution involved in an international Ponzi scheme, the court-appointed receiver and the investors committee of the institution brought suit against a third party that had provided services to the institution. Defense counsel retained Cornerstone Research and Paul Gompers of the Harvard Business School to respond to the opposing expert’s damages model. The plaintiffs alleged that the third party should have been aware of the Ponzi scheme and ended it before the institution collapsed. The plaintiffs’ expert put forth damages estimates based on these allegations. Professor Gompers concluded that the damages estimates put forth by

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