Defense counsel retained Dr. Daniel M. Garrett, a vice president of Cornerstone Research, to respond to the analysis offered by the plaintiffs’ expert in this federal securities matter. Defense counsel retained Dr. Daniel M. Garrett, a vice president of Cornerstone Research, to respond to the analysis offered by the plaintiffs’ expert in this federal securities matter. The plaintiffs alleged that China Automotive made a series of false and misleading statements regarding its accounting for certain convertible notes, operating expenses, and other charges against income. The plaintiffs’ expert claimed that the plaintiffs could properly rely on a fraud-on-the market theory for class certification and damages because China Automotive stock allegedly traded in an efficient market. During the pu

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