Expert’s Damages Opinion Specific Enough for Class Certification Stage

Business Valuation UpdateVol. 23 No. 8
BVLaw Case Update
August 2017

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5311 Department Stores
452210 Department Stores
securities litigation
daubert, expert testimony, admissibility, event study, reliability, securities fraud
Willis v. Big Lots, Inc.
2017 U.S. Dist. LEXIS 38933
March 17, 2017
US
Federal Court
Ohio
United States District Court
Bjorn I. Steinholt (plaintiffs); Dr. Paul Gompers (defendants)
Watson

Summary

In a securities case, court applies Daubert analysis to plaintiff expert’s market efficiency opinion and event study; expert is qualified even without academic background, and his damages opinion is sufficiently specific to facts of the case and reliable.

See Also

Expert’s Damages Opinion Specific Enough for Class Certification Stage

Court Case Digests
March 17, 2017

In a securities case, court applies Daubert analysis to plaintiff expert’s market efficiency opinion and event study; expert is qualified even without academic background, and his damages opinion is sufficiently specific to facts of the case and reliable.