Press Releases
DOAR’s Graphics and Presentation Consulting Assists in Exoneration of Invemed Associates from All Charges of Profit-Sharing by the NASD
DOAR’s Research, Graphics and Technology Services Played a Key Role in Invemed’s Defense at a 17-day NASD Disciplinary Hearing
For Immediate Release
Tuesday, March 14, 2006
New York, NY - DOAR Litigation Consulting provided research, graphics consulting and presentation services to Wachtell, Lipton, Rosen & Katz in their defense of Invemed Associates, LLC against profit-sharing charges brought by the National Association of Securities Dealers. The NASD hearing panel exonerated Invemed of all charges that it illegally shared in the profits of its customers in a 94-page decision announced almost one year after the close of an extensive 17-day hearing. This hearing showcased DOAR’s innovative research and graphics strategies, which used a presentation and persuasion approach unique to the non-jury setting.
DOAR provided research and graphics consultation to the trial attorneys, assisting with opening and closing arguments, expert reports and testimony, and other support at the hearing. Analytical graphics experts designed and displayed pre-hearing and hearing graphic materials that outlined the key facts in Invemed’s defense of the charges, using DOAR-provided technology support and equipment for both Wachtell Lipton’s war room and the NASD hearing room. Samuel Solomon, CEO of DOAR, applauded the trial team’s successful efforts. “We are very proud to have been considered an integral part of the extraordinary Wachtell trial team in supporting their efforts to effectively present this critical matter for their client. I also applaud our staff for their diligence and professional support in what may be one of the largest disciplinary hearings in the NASD’s history.”
According to the April 2003 NASD complaint, Invemed was accused of illegally sharing in the profit of its customers in connection with IPO allocations made in 1999 and 2000. In response to the NASD complaint, Invemed requested the disciplinary panel hearing. Many well-known industry professionals testified both for and against Invemed at the hearing and there was extensive use of documentary evidence and demonstrative aids.
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About DOAR Litigation Consulting
DOAR is a premier litigation consulting firm supporting top tier law firms and corporations involved in high-stakes business litigation and regulatory matters. Founded in 1988, this privately held firm is one of the industry’s fastest-growing companies and the current leader in the litigation consulting market category covering information, technology and consulting services. Committed to the highest level of customer service and technological innovation, DOAR helps clients through every facet of the litigation process including Discovery Consulting, Jury Consulting, Alternative Dispute Consulting and Trial Presentation. With offices in New York and Washington, DC, DOAR is an integral part of a must-win litigation team.
For additional information: www.doar.com
