Nish Hansoti conducts financial analyses to address class certification, economic damages, valuation, and bankruptcy. In litigation related to the Employee Retirement Income Security Act (ERISA), Mr. Hansoti analyzes various issues arising in retirement plans, mutual funds, and other investments. He also has substantial merger review experience. Working on behalf of both merging parties and government agencies, Mr. Hansoti has evaluated merger efficiencies and analyzed if firms are failing. His industry experience includes consumer financial products, education, financial institutions, healthcare, and nuclear utilities.
Financial institutions and consumer financial products
Mr. Hansoti consults on banking practices and consumer financial products such as mortgages, student loans, small dollar lending, and credit repair. His experience includes:
- Analyzing practices related to loan origination and underwriting, credit decisions, mortgage servicing, and mortgage securitization due diligence
- Evaluating banking processes related to Bank Secrecy Act/Anti-Money Laundering (BSA/AML)
- Analyzing data on consumer behavior and consumer complaints involving payday lending and credit repair services
- Calculating exposure and addressing loss causation issues related to transaction processing of interest charges and fees
Mr. Hansoti evaluates issues involving retirement plans in ERISA matters. His expertise includes analyzing claims related to the performance of mutual funds and other investment options; the reasonableness of investment management; recordkeeping and administrative fees; and fund selection.
Merger efficiencies and failing firm analysis
Mr. Hansoti has consulted on merger reviews on behalf of both merging parties and government agencies, including the Department of Justice (DOJ) and the Federal Trade Commission (FTC). He has assessed merger efficiencies and failing firm issues in numerous matters, including United States v. Energy Solutions Inc. et al. These analyses have included evaluating the verifiability and merger specificity of claimed efficiencies. In addition, Mr. Hansoti has conducted solvency analyses to determine whether firms are failing and if their assets are likely to exit the relevant market.
Mr. Hansoti conducts analyses in class certification matters related to banking practices and allegations of consumer fraud. He has evaluated proposed damages methodologies and applied statistical analyses to assess whether such methodologies are applicable on a class-wide basis and if there are potential class conflicts.