Finance Expert Discusses Allegedly Illegal Sale of Collateralized Debt Obligations

ByJoseph O'Neill

|

Updated onJanuary 23, 2018

Finance Expert Discusses Allegedly Illegal Sale of Collateralized Debt Obligations

This is a class-action lawsuit involving claims under the Securities Exchange Act against a major American bank in New York. The plaintiffs alleged that the bank violated the federal securities laws by making false and misleading statements with respect to events surrounding the bank’s sale of collateralized debt obligations. The plaintiffs also alleged that the bank concealed from investors that the SEC was investigating the bank for making materially misleading statements in connection with the transaction.

Question(s) For Expert Witness

1. What is your familiarity with collateralized debt obligations?

Expert Witness Response E-016161

inline imageI am the founder and managing partner of a large financial consultancy, which assists institutional clients with specialized support in the areas of structured finance and real estate capital markets. First and foremost, I am an investment banker. I have over 25 years of experience with real estate finance and structured finance products such as Residential Mortgage Backed Securities(RMBS), Asset-Backed Securities (ABS), Commercial Real Estate Loans and Commercial Mortgaged-back Securities (CMBS). My experience with structured finance, real estate capital markets, and structured finance products is extensive. Throughout my career, I have held positions in which I was responsible for judging the risks and return of real estate, structured finance products, and capital markets. My experience includes being an executive responsible for evaluating and underwriting structured fixed income instruments and mortgage loans from a borrower's perspective as well as holding executive positions involving lending, loan underwriting and pricing. I have developed both a qualitative and quantitative understanding of the relationships between mortgage-collateral and complex mortgage securities.

About the author

Joseph O'Neill

Joseph O'Neill

Joe has extensive experience in online journalism and technical writing across a range of legal topics, including personal injury, meidcal malpractice, mass torts, consumer litigation, commercial litigation, and more. Joe spent close to six years working at Expert Institute, finishing up his role here as Director of Marketing. He has considerable knowledge across an array of legal topics pertaining to expert witnesses. Currently, Joe servces as Owner and Demand Generation Consultant at LightSail Consulting.

Find an expert witness near you

What State is your case in?

What party are you representing?