Effective Use of Statistical Evidence in Class Action Litigation: Practical Guide in 2019
Statistical evidence has been widely used in the complex landscape of class action litigation. With the increasing class action disputes in recent years, the use of statistical evidence to prove liability has been an integral part when determining class certification. However, practitioners must still be careful of the risk issues that may arise concerning the use of statistical evidence. Thus, it is important for counsel to have enough knowledge of how to use statistical evidence effectively and efficiently to increase the chances of winning a class action lawsuit.
In this LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide the audience with an in-depth analysis of the effective use of statistical evidence in class action litigation. Speakers will also discuss notable court decisions and best litigation practices in leveraging statistical evidence.
Key topics include:
- Statistical Evidence Framework: An Overview
- Choosing an Appropriate Statistical Method
- Utilizing Statistical Method in Class Action Litigation
- Legal Considerations
- Notable Cases and Court Rulings
- Best Litigation Strategies
- Risk Issues and Challenges
Edward Bierhanzl, Director
Resolution Economics LLC
- Statistical analysis with small populations – what are the options?
- Some comments on statistical sampling in employment class actions
- Understanding how regression models are used in litigation
- Data visualization: techniques for communicating statistical results
Paul Zurek, Principal
- Overall Focus: statistical techniques in shareholder class actions
- Event studies as a tool in assessing the market’s reaction to news and events: statistical methodology, capabilities and limitations
- Where event studies can be useful and how: price impact of information, damages analysis, loss causation analysis, market efficiency analysis
- Considerations around statistical power and legal burden of proof
Who Should Attend:
- Class Action Lawyers
- Class Action Litigators
- General Counsel
- Top Level Management
- Private Companies
- Legal Consultants
- Legal Executives
- Other interested/related Professionals
Edward Bierhanzl is a Director at Resolution Economics, LLC, an economic consulting firm with offices in Los Angeles, Chicago, Washington, D.C., and New York.
Dr. Bierhanzl has extensive experience in economic modeling and statistical analysis in the areas of labor and employment. He has worked on engagements involving allegations of age, race, and gender discrimination in compensation, hiring, termination, performance, promotion and other employment decisions. In wage and hour matters Dr. Bierhanzl has provided analysis and expertise addressing both FLSA and state law issues of overtime pay, missed meals and breaks, off-the-clock work and employee misclassification. The scope of projects he has worked on has ranged from large class action matters and multi-district litigation to small single-plaintiff cases.
Dr. Bierhanzl holds Ph.D. and M.S. degrees in Economics from Florida State University
Edward Bierhanzl is a Director at Resolution Economics, LLC, an economic consulting firm with offices in Los Angeles, Chicago, Washington, …
Paul Zurek specializes in matters related to markets, securities litigation, risk management, valuation, and complex data analysis. He has submitted expert reports and declarations and testified in arbitration and regulatory investigations. In addition to serving as an expert, Dr. Zurek leads large teams in government and regulatory inquiries, civil litigation, and international arbitration. He has supported academic and industry experts at all stages of litigation, including trial.
Dr. Zurek’s econometric and financial expertise spans a range of industries, including investment management and financial institutions, technology, telecommunications, and transportation.
Paul Zurek specializes in matters related to markets, securities litigation, risk management, valuation, and complex data analysis. He has submitted …
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Method of Presentation:
General knowledge of class action litigation
NY Category of CLE Credit:
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About Resolution Economics LLC
Resolution Economics provides sophisticated economic, statistical and financial analyses, forensic investigations, forensic technology, dispute advisory, expert testimony, and specialized technology and analytic solutions to leading law firms, Fortune 500 companies, and government agencies.
The firm has provided expert testimony in class-action, multi-plaintiff and single plaintiff employment matters alleging discrimination in employment practices on the basis of age, race, gender, national origin, and ethnicity. The experts at Resolution Economics have managed complex, high profile litigation and compliance matters, many of which were national in scope. The Labor and Employment team is one of the most experienced in the nation at analyzing class certification and merits issues in class-action discrimination disputes, and are experienced in handling complex wage and hour matters as well. The firm also provides assistance in information management, statistical sampling, and statistical analysis, as well as data collection, surveys, and observation studies.
About Cornerstone Research
Cornerstone Research provides economic and financial consulting and expert testimony in all phases of complex disputes and regulatory investigations. The firm has 700 staff and offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington DC.