Coherent Economics Welcomes Dr. J.B. Heaton as a Senior Affiliate

Dr. J.B. Heaton, Senior Affiliate

Dr. J.B. Heaton, Senior Affiliate

Coherent Economics is pleased to announce that Dr. J.B. Heaton has joined our finance practice as a Senior Affiliate.

Dr. Heaton is an expert in financial economics specializing in securities, market efficiency, and behavioral finance. He is the leading financial economic expert on solvency tests, having written the authoritative article on the subject, “Solvency Tests.”  His work has been published in peer-reviewed scholarly journals such as the Journal of Finance, Review of Financial Studies, Review of Finance, and Financial Management. He has been cited by scholars and courts around the world, including by U.S. district courts, the United States Courts of Appeals, and the United States Bankruptcy Courts.He has taught at both the law and business schools of the University of Chicago and Duke University, and at Northwestern University’s law school.

Dr. Heaton received his JD from the University of Chicago Law School and his MBA and PhD in financial economics from the University of Chicago Booth School of Business in 1999. He joined Bartlit Beck Herman Palenchar & Scott LLP in 2004, where he ultimately became a litigation partner, and led corporate, securities, and transactional litigation.  He left the firm in 2017 to pursue broader academic and consulting roles in finance.

To learn more about Dr. Heaton, including a list of his publications, visit his profile on Coherent’s website.

Coherent Senior Vice President Laurel Van Allen to Speak on CLE Webcast

Coherent is looking forward to hearing Senior Vice President Laurel Van Allen speak on a CLE webcast sponsored by The Knowledge Group. The webcast is entitled “Securities and Shareholder Litigation: A 2019 Outlook” and will take place on Friday, December 7th from 2-3pm CT (3-4pm ET). Van Allen will be speaking about trends in the number of security cases filed, notable recent actions, the prevalence of event-driven versus accounting fraud allegations, and increases in opt-outs in securities litigation. Registration for the event is available at https://www.theknowledgegroup.org/webcasts/securities-shareholder-litigation-2019/

Senior Vice President Laurel Van Allen

Senior Vice President Laurel Van Allen

Coherent Economics Participates in ABA Woman Advocate Committee Program and Booth Women Connect Conference

Coherent was proud to sponsor and attend the ABA Woman Advocate Committee’s Regional CLE Program: Raising the Bar.

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We also attended the Booth Women Connect Conference at the University of Chicago. Both events featured the powerful perspectives and stories of women in leadership positions. Coherent would like to thank both organizations for the valuable opportunities to network and learn!

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Working at Coherent: Q&A with Senior Analyst Ian Day

“One thing that stands out about Coherent is the opportunity for Research Analysts to gain exposure and mentorship from senior team members.” — Ian Day, Senior Analyst at Coherent Economics

“One thing that stands out about Coherent is the opportunity for Research Analysts to gain exposure and mentorship from senior team members.” — Ian Day, Senior Analyst at Coherent Economics

What is something interesting you researched or learned about that you never expected to encounter?

As an incoming analyst, I really enjoyed learning about the various methodologies for applying economic and financial theory to real-world situations. In my first year as an analyst, I had the opportunity to value a multi-billion dollar company, use regression analysis to isolate the effect of fraud on a company’s share price, and analyze the accuracy and sensitivity of models created by Wall Street analysts.

What traits do you think are most important for a new analyst to succeed at Coherent?

An exceptionally detailed and process-oriented work style is one important trait for new Research Analysts to be successful at Coherent.  It enables analysts to provide their supervisors with professional quality work product, document and communicate the logic and processes underlying their analyses, and stay organized when working in a team setting.

What skills do you think you have improved the most since joining Coherent?

I have improved my written and verbal communication the most since joining Coherent. Communicating clearly and concisely is critical when working with case managers, experts, and clients, as even the highest quality analysis is only successful when communicated effectively.

How have senior employees helped to mentor you during your time as an analyst?

One thing that stands out about Coherent is the opportunity for Research Analysts to gain exposure and mentorship from senior team members. Throughout my time at Coherent, my mentors have taught me concrete skills to be successful in this industry, provided actionable feedback so I can grow, and helped me design a path to achieve my short and long-term professional and personal goals.

What team building experiences have you enjoyed the most since starting at Coherent?

One team building event that stands out for me is attending a concert at Ravinia with Coherent just after I had started in the summer of 2016. The outdoor summer evening was a great setting to learn more about my new colleagues at both the junior and senior level. Sporting events, happy hours, cooking class, and the J.P. Morgan Corporate Challenge are other examples of team building events I have participated in during the last two years. Coherent has recently relocated to The Loop in downtown Chicago, which creates amazing potential for our quarterly team building events in the future!

COHERENT ECONOMICS CLIENTS REACH RECORD ANTITRUST SETTLEMENT

On September 18, 2018, counsel for a class of merchants seeking monetary compensation for alleged antitrust violations relating to interchange fees paid in connection with Mastercard and Visa credit and debit card transactions reached a settlement of as much as $6.24 billion (and not less than $5.54 billion) in longstanding litigation against Mastercard, Visa, and a number of their member banks.

Coherent Economics President Alan Frankel was retained by co-lead counsel for the class, Robins Kaplan, Berger Montague, and Robbins Geller Rudman & Dowd, to serve as an expert witness. The settlement, which is subject to court approval, is reportedly the largest ever in an antitrust case.