Prithvi Hingorani specializes in matters involving securities, corporate governance, and financial institutions. He supports clients and experts through all phases of commercial litigation and corporate and regulatory investigations.
Mr. Hingorani’s experience includes:
Securities
- Evaluating economic issues at the class certification stage in Section 10(b) and Section 11 shareholder lawsuits, including market efficiency, price impact, Comcast, and tracing considerations
- Analyzing loss causation and negative causation considerations in Section 10(b) and Section 11 shareholder lawsuits
- Evaluating damages and settlement estimates at all stages of Section 10(b) and Section 11 shareholder lawsuits
- In connection with the scienter element in Section 10(b) shareholder lawsuits, evaluating processes used by the management and board of the issuer to prepare public disclosures
- In Freshworks Inc. Securities Litigation, analyzing market efficiency for Freshworks common stock and how long it took the stock price to absorb the information disclosed following an earnings announcement containing the alleged corrective information
- Estimating damages in a dispute related to the valuation of convertible preferred stock
- In a Brophy insider trading matter, evaluating economic considerations regarding whether insiders possessed material nonpublic information
- Analyzing loan performance and damages in litigation involving securitized mortgages
Corporate governance
- Evaluating processes used to prepare public disclosures such as quarterly and annual Securities and Exchange Commission (SEC) filings, press releases, and earnings calls, among others
- In The Hertz Corporation et al. v. Frissora et al., assessing the compensation committee’s process in deciding to claw back a former CEO’s compensation
- Analyzing corporate separateness in bankruptcy and patent infringement matters
Financial institutions
- Analyzing alleged mispricing and manipulation of net asset values (NAVs) of mutual funds and exchange-traded funds (ETFs)
- Assessing competition, fees, performance, and services in Section 36(b) mutual fund excessive fee matters
- Valuing carried interest in private equity funds
- Evaluating a private equity management company’s cashflows
- Analyzing monoline insurers’ investments in insured bonds, reinsurance transactions, and reinsurance commutation payments
- Assessing a monoline insurer’s models used to forecast losses related to residential mortgage-backed securities (RMBS)