Congratulations to Daniel Michalow and his lawyers for a record-setting FINRA verdict

Congratulations to Daniel Michalow and his lawyers for their significant victory against DE Shaw. The case alleged that DE Shaw and four of its executives defamed Michalow, an ex-hedge fund managing director of the firm, by alleging that he committed sexual misconduct at work. Following a 25-day-long hearing before the Financial Industry Regulatory Authority (FINRA), the arbitration panel ruled that Michalow “did not commit sexual misconduct” and ordered the defendants to pay Michalow $52 million in compensatory damages. This is the largest ever awarded by FINRA for defamation and the largest ever to an individual employee.

DOAR is proud to have supported the trial team with research and trial strategy consulting.

Read more news about this case in the Financial Times.


Subscribe to Receive
our Latest News

Loading

Recent Content

DOAR

DOAR Releases Results from a National Survey of Jurors’ Attitudes Toward Pharmaceutical Companies

May 14, 2024, New York, NY—DOAR, the nation’s leading trial consulting company, today released important findings from a new national study that examines several issues suspected of influencing jurors’ baseline attitudes toward pharmaceutical companies. The findings indicate that opinions of the pharmaceutical industry are generally favorable despite a prevailing view of it as profit-centric. The […]
DOAR

DOAR’s Natalie Gordon helps lawyers uncover juror attitudes on high-stakes matters

DOAR Consultant Natalie Gordon, Ph.D., is a well-regarded jury consultant with experience working on complex civil and white collar criminal cases. She has contributed to many high-stakes matters, including U.S. v. Tom Barrack, Ambac v. Countrywide, US v. Jayson Penn, Monster Energy Co. v. Vital Pharmaceuticals, and SEC v. AT&T et. al., to name a […]

The trial consultants trusted by the nation’s leading trial lawyers.