For more than twenty-five years, attorneys have consulted with Jon Rozoff on complex finance and business issues and have engaged him in preparing expert analysis and testimony. Mr. Rozoff has led Cornerstone Research’s work in a number of the largest, most challenging litigation and regulatory matters, which entail major financial and reputational exposure. His engagements have included numerous successful trials and other resolutions of corporate and financial institution matters, often involving multiple high-stakes litigations and regulatory inquiries in the United States and internationally.
Mr. Rozoff focuses on corporate transactions, securities, derivatives, valuation, risk management, and financial institutions and markets. He has developed objective, innovative analysis for motion practice, regulatory inquiries, trials, arbitrations, mediations, and settlements in domestic and international venues. He has consulted extensively in the context of internal board and corporate inquiries. Mr. Rozoff led our practices in financial institutions and intellectual property, which he helped to establish, and has served on the firm’s executive committee.
Corporate transactions
Has led our work on numerous matters, supporting the preparation of expert testimony, consulting to counsel, and achieving successful trial and other resolutions in Delaware Chancery Court and other venues. Led our team supporting the preparation of several expert reports and consulting with counsel successfully pressing for closing of the Twitter/Musk and Omni/Forward transactions, as well as addressing In re Santander Consumer USA Holdings Inc. Stockholders’ Litigation. Successful trials have included: RHI Insider Trading, CSX v. TCI et al. and the Sovereign/Santander Shareholder Litigation; appraisal actions in Delaware Chancery Court including Hammons Hotels Shareholder Litigation and Doft v. Travelocity.com Inc.; and cases in other venues, including a Post-Merger Appraisal Trial Win, assessment of valuation, trading activity, corporate governance and control, and other issues.
Regulatory and internal inquiries
Extensive consultation with corporate counsel, law firm counsel, board members, and corporate staff to examine complex derivatives and other transactions, as well as other financial and business matters. Advice on identification and assessment of relevant issues and information.
Securities litigation
Has led our efforts in many matters in the United States and in a number of foreign venues. Litigation and regulatory inquiries. Issues involving equity, debt, and derivative instruments; foreign and domestic issuers; analysis of price movements, trading behavior, risk, and valuation; class action, derivative, and other claims. Mr. Rozoff’s experience spans many industries, with particular emphasis on financial institutions, pharmaceuticals, high tech, and energy. Work has included major successes in motion practice, such as: motion to dismiss; Comcast (including appellate-level rulings), price impact, and other class certification; and summary judgment. Issues have included hedge fund performance, bond default, insider trading, and other topics.
Financial institutions
Many matters related to hedge funds, private equity firms, venture capital firms, banks, insurers, securities firms, mutual funds, and others; analysis of valuation of financial institutions and firms they finance, securities, derivatives, risk management, computer systems and other operating issues, trading activity, lending, and other issues; wide range of matters involving securities, bankruptcy, tax, and product liability, among others.
Derivatives matters
Work on numerous high-profile matters involving collateralized debt obligations, credit default swaps, foreign exchange, interest rate, equity, and other derivatives; analysis of valuation, risk management, and performance relative to strategy.
Bankruptcy-related
Numerous matters, including Lehman, Enron, Global Crossing, Charter Communications, Asarco, Tousa, and others; additional work related to the failures of hedge funds, insurers, and banks; analysis of solvency, reasonably equivalent value, and other questions arising in fraudulent conveyance, trustee, and other actions.
Product liability
Extensive economic, statistical, and probability analysis of drivers and value of firm exposure in insurance coverage, bankruptcy, securities fraud, and other matters.
International arbitration and litigation
Trials and arbitrations in foreign and international venues; project valuation, assessment of liability and damages, examination of international securities, derivatives, and other markets; expert discovery under different protocols.
Tax controversies
Work on numerous engagements, including successful trial and appellate efforts; analysis of economic substance of transactions, valuation of firms and investments, capital structure, sale versus loan transaction classification, international lease in–lease out transactions, international cost and profit allocation, and other issues.
Intellectual property
Extensive work on patent, copyright, and trade secret matters; liability and damages analysis related to economics, marketing, computer systems, accounting, and finance; emphasis on pharmaceuticals, computer software, and other innovative markets.
Nonprofit service
Mr. Rozoff is a member of the Board of Trustees of the United States Supreme Court Historical Society. He serves on the Painting and Sculpture Committee of the Whitney Museum of American Art. Mr. Rozoff is a trustee emeritus of the governing Corporation of Brown University; he served previously on the Corporation’s Advisory and Executive Committee and chaired its Advancement Committee. He served as treasurer and member of the Board of Governors of the Brown Alumni Association, where he served on the Executive Committee and chaired the Finance Committee. Mr. Rozoff received Brown’s Ittleson Award for outstanding volunteer leadership. He served as a member of the Board of Trustees of the Ethical Culture Fieldston School, where he chaired the Governance Committee and served on the Executive Committee.
- Reverse and Remand in Securities Class Certification Litigation
- Delaware Court of Chancery Stockholder Class Action
- Delaware Chancery Trial Win
- Class Certification Denied in Federal Securities Matter
- Omni Logistics LLC v. Forward Air Corporation
- In Re Twitter Inc. v. Elon Musk et al.
- Post-Merger Appraisal Trial Win
- Class Certification Defense for a Foreign Securities Issuer
- Mortgage-Backed Securities and Collateralized Debt Obligations
- In re BP p.l.c. Securities Litigation—June 2016 Ruling
- In re Moody’s Corporation Securities Litigation
- In re BP p.l.c. Securities Litigation—May 2014 Ruling
- City of Pontiac Policemen’s and Firemen’s Retirement System et al. v. UBS AG et al.
- IBEW Local 90 Pension Fund et al. v. Deutsche Bank AG et al.
- ASARCO LLC et al. v. Americas Mining Corporation
- CSX v. TCI et al.
- Sovereign Bancorp Inc. Shareholders Litigation
- In re John Q. Hammons Hotels Inc. Shareholder Litigation
- Insider Trading
- Over-the-Counter Derivatives
- Bond Default
- Failed Hedge Funds and Insurers
- Failed Leveraged Buyouts
- Anglo American Security Fund v. S.R. Global International Fund
- Doft & Co. v. Travelocity.com Inc.
- Hedge Fund Management Firm Valuation
- Monona Wire Corp. v. Code, Hennessey & Simmons