Tag: Fiduciary Duties
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Economics Expert Witness Theory on Investment Performance Admitted
Plaintiff Joanna P. Mattson filed a legal action, both individually and on behalf of the Milliman, Inc. Profit Sharing and Retirement Plan, along with a class of participants and beneficiaries affected by the alleged misconduct of the Milliman Defendants. The lawsuit is based on a claim of breach of fiduciary duty under the Employee Retirement…
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Expert’s relevant knowledge and experience are more important to the reliability inquiry than methodology or theory; Court finds Investment Analysis Expert Witness qualified to opine as to the information a “reasonable investor” would find pertinent
The case involved cross-motions for summary judgment filed by Plaintiffs Lei Li, Strong Wealth Investment Limited, and Pacific Smile Limited against Defendants ArcSoft, Inc. and its CEO Michael Deng. Also before the Court was Deng’s motion to exclude expert testimony of David M. Locala. Deng served as the Chief Executive Officer and board member of…
