Distribution Settlement Services

Professor Francis E. McGovern of Duke University School of Law, in his role as the Independent Distribution Consultant for several securities and market timing settlement distribution funds, retained Compass Lexecon experts Jon Orszag, Arti Bhargava, and Yair Eilat to provide a wide range of consulting services which included developing economic models, equitable distribution methodologies, and the plans of distribution for these settlement funds. To date, the Compass Lexecon team has worked with Professor McGovern on the following settlement funds: Global Research Analyst Settlement; Banc of America Securities; HealthSouth; Bear Stearns & Co.; Prudential Securities, Inc.; Citigroup Global Markets Inc.; and most recently, American Skandia Investment Services, Inc. Compass Lexecon also has significant expertise in the development and execution of market timing settlement distribution plans. To date, this Compass Lexecon team developed four distribution plans associated with market timing settlements.