Cornerstone Research worked with a finance expert to analyze investments in mortgage- backed securities during the financial crisis. Retained by Morrison & Foerster and by Quinn Emanuel Urquhart & Sullivan Defense counsel for a major nationwide broker-dealer retained Cornerstone Research and Professor Christopher James of the University of Florida to analyze factors that led to the decline in the net asset value (NAV) of a proprietary ultrashort bond mutual fund during the financial crisis. Shareholders of the fund filed a securities class action under Sections 11 and 12 of the Securities Act of 1933, alleging that the defendants falsely portrayed the fund as a conservative investment with minimal risks. Professor James opined that the alleged overconcentration in mortgage-backed securitie

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