Dr. Bradford Cornell, an Internationally Renowned Financial Economist, Joins Compass Lexecon and Opens New Pasadena, CA Office

Compass Lexecon’s Los Angeles-Downtown Office Will Relocate in February to New Pasadena Office

Compass Lexecon LLC is pleased to announce that Dr. Bradford Cornell, an internationally renowned economist and expert in the field of complex financial litigation, has joined the firm as a Senior Consultant and a member of our Advisory Committee. He previously served as a Senior Consultant with Charles River Associates (“CRA”) from 1999-2011. He will be based at our new full-service Pasadena, CA office location, effective immediately. Dr. Elisabeth Browne, formerly of Cornerstone Research, will also join Professor Cornell in our new Pasadena office as a Senior Vice President. In addition, Dr. Avinash Verma, John Hirshleifer, and John Haut, all formerly with CRA, will serve as Vice Presidents. Also from CRA, James Tam will come on board as a Senior Economist. Finally, Dr. Mike Smith, currently a Senior Vice President in Compass Lexecon’s Los Angeles - Century City office, will be splitting his time between Pasadena and Century City to help coordinate the new office’s growth. Our downtown Los Angeles office, led by Dr. Duncan Cameron, will relocate to the new Pasadena office in February to combine our existing competition practice with our new west coast finance practice. We are especially excited to further build our finance expertise and better serve the needs of our clients.

Dan Fischel, Chairman and President of Compass Lexecon, commented “The significant addition of Brad Cornell to Compass Lexecon’s finance practice will only further strengthen our securities expertise. Like Compass Lexecon, Brad has provided testimony and expert analysis in many of the largest and most widely publicized finance related cases in the United States since the 1980s. He and his team are an excellent fit to continue to strengthen this core area of our practice.”

Dr. Cornell said “I’m proud to affiliate with the Compass Lexecon finance team. This is an exceptional opportunity for me to partner in the development of the firm’s finance practice on the west coast while having access to Compass Lexecon’s existing finance practice in Chicago and New York. I have long admired Dan Fischel and Compass Lexecon as they’ve pioneered the application of financial theory as it applies to securities litigation.”