David K.A. Mordecai, President of Risk Economics® and Compass Lexecon affiliate, testified and filed multiple expert reports relating to hedge fund manager due diligence for various disputes and deliberations. In these matters, Dr. Mordecai addressed a range of topics including the duties, responsibilities and investment due diligence practices, conventions and procedures, both of and by hedge fund managers, as well as the plausibility of both trading directives and reported performance attribution and strategy returns. Although certain of these matters are ongoing, some of these matters have been resolved favorably for the clients. In these matters, Dr. Mordecai was supported by Compass Lexecon teams led by Michael Kwak and by Alex Rinaudo.
David K.A. Mordecai is President and Co-Founder of Risk Economics, a New York City based advisory firm, as well as Senior Advisor to and a Member of the Advisory Committee of Compass Lexecon. The Risk Economics® litigation advisory practice provides advisory services and testimonial expertise on complex issues related to financial instrument valuation models and frameworks, market and industry standards and practices for the financing, risk management, active trading, and hedging of OTC derivatives and structured products.
As lead for the Risk Economics® litigation and arbitration advisory practice, David K.A. Mordecai serves as an expert on loss causation and economic damages related to market structure, financial institutions governance, and complex issues related to finance, economics and market standards and practices within securities, derivatives, reinsurance, and commodities markets, as well as market structure within a broad range of non-financial industry sectors. His expertise includes industrial and financial engineering, the valuation of fixed income securities and structured products, including over-the-counter derivatives (in particular fixed income and credit derivatives), complex insurance and reinsurance liabilities, as well as asset liability and risk management models and practices. Having testified extensively at deposition, trial, arbitration and international arbitration, he has been admitted as an expert in federal, state and county courts, and cited favorably in court decisions.