Case & Project Experience The Canary in the Coal Mine: NERA Experts Provide Damage Analysis in Support of Settlement of Class Action Involving a Subprime Mortgage Lender Background On 24 March 2005, FMF Capital Group Ltd. (FMF) conducted an initial public offering of income participating securities (IPSs) at $10 per IPS. 1 FMF raised $197.5 million through the IPO and used the proceeds to acquire an indirect interest in the US subprime m

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