Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
Market expectations and security prices
Market participants use the information available to them at any given time to form expectations of the future performance of a company and a company’s stock...