Latest News


$370,000 UBS YES Award
In March 2021, a FINRA arbitration panel in Columbus, OH ordered UBS Financial Services to pay $342,127 in compensatory damages, plus approximately $28,000 in expert witness fees. You can read the award here. Craig McCann testified on liability...
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$1.1 Million UBS YES Award
In March 2021, a FINRA arbitration panel in Denver, CO ordered UBS Financial Services to pay $1,044,242 in compensatory damages, plus approximately $53,442 in interest. You can read the award here. Craig McCann testified on liability and...
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$420,000 Private Placement Real Estate and Equipment Leasing DPP Annuity Award
In February 2021, a FINRA panel in St. Louis, MO ordered Sunset Financial Services to pay $420,000 in compensatory damages, attorneys’ fees and costs. You can read the award here. Craig McCann testified on liability and damages over Sunset’s...
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$20 million + Schottenstein v JPMorgan Structured Products Award
A FINRA Panel in Tampa, FL ordered JP Morgan to pay $18.95 million plus interest and attorneys fees over the sale of Autocallable reverse convertible structured products to an elderly client. You can read the Award here. Craig McCann testified on...
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US District Court issues Final Judgment in SEC v RPM
In December 2020, the United States District Court for the District of Columbia granted Final Judgement in Securities and Exchange Commission v RPM International, Inc et al, Civ No. 16-1803. The SEC alleged that RPM failed to timely disclose a...
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$12.7 Million Estate Planning Equity Indexed Annuity Order
This month the King County Superior Court, State of Washington ordered CLA to pay $6.2 million in restitution and $6.5 million in civil penalties and issued injunctive relief in a case arising out of fraudulent free “estate planning” seminars...
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11th Circuit Affirms District Court Order Confirming $3.4 Million Puerto Rico Award
In December 2020, the US Court of Appeals for the 11th Circuit affirmed the April 2020 US District Court for the Southern District of Florida Order confirming an arbitration award against Morgan Stanley over Puerto Rico municipal bonds. You can...
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4th Circuit Court Reinstates $1.5 Million VXX Arbitration Award Against Interactive Brokers
In August 2020, the US 4th Circuit Court of Appeals reversed the US District Court for the Eastern District of Virginia’s Order vacating and remanding for hearing before a new arbitration panel a modified arbitration award against Interactive...
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Securities Litigation
and Consulting Group

Securities Litigation and Consulting Group, Inc ("SLCG") is a financial economics consulting firm based in the Virginia suburbs outside of Washington, DC. SLCG was founded in 2000 by Craig McCann, PhD, CFA to provide finance, economics and investment management consulting. Dr. McCann has 20 years experience analyzing investments in academia, government and private industry. Over the years, SLCG's staff has grown to include PhD, MA and BA level professionals with academic, industry and government experience.

SLCG provides consulting services and expert witnesses to law firms, publicly-traded corporations, banks, brokerage firms and individuals involved in complex litigation throughout the United States. Our litigation projects include securities class actions, trust management and brokerage industry disputes, white collar criminal proceedings and regulatory investigations. Our experts have testified in state and federal court and in various arbitration forums.


Puerto Rico Securities Arbitration Settlements and Awards Likely to Exceed $1.25 Billion (Updated May 15, 2019)
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Reporte de Arbitrajes de Valores en Puerto Rico: entre Acuerdos Transaccionales y Laudos Arbitrales seguramente se excederá de $1.25 billon (15 de may de 2019)
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Puerto Rico Securities Arbitration Settlements and Awards Likely to Exceed $1.25 Billion (Updated May 15, 2019)
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Reporte de Arbitrajes de Valores en Puerto Rico: entre Acuerdos Transaccionales y Laudos Arbitrales seguramente se excederá de $1.25 billon (15 de may de 2019)
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Rating Brokerage Firms by Their Complaint Histories Rather Than by Their Brokers' Histories
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How Widespread and Predictable is Stock Broker Misconduct?
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Securities-Based Lending
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An Empirical Analysis of Non-Traded REITs
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Ex-post Structured Product Returns: Index Methodology and Analysis
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The Priority Senior Secured Income Fund
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Fiduciary Duties and Non-traded REITs
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Structured Certificates of Deposit: Introduction and Valuation
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Rating Brokerage Firms by Their Complaint Histories Rather Than by Their Brokers' Histories
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How Widespread and Predictable is Stock Broker Misconduct?
Download PDF
Securities-Based Lending
Download PDF
An Empirical Analysis of Non-Traded REITs
Download PDF
Ex-post Structured Product Returns: Index Methodology and Analysis
Download PDF
The Priority Senior Secured Income Fund
Download PDF