Capital Markets
Capital
Markets
Former global heads of ECM and DCM at major investment banks — firsthand exposure to securities offerings from simple to highly complex, uniquely well-positioned to assist clients in business and dispute contexts.
PRACTICE AREA · EXPERT WITNESS & CONSULTING
About this practice
PRACTICE OVERVIEW
Our experts' firsthand exposure to many securities offerings' transactions — from simple to highly complex — while running ECM and DCM globally at major banks makes them uniquely well positioned to assist clients in a dispute and litigation context.
Our practitioners bring direct experience as global heads of equity and debt capital markets, having structured and executed hundreds of transactions across IPOs, secondary offerings, convertible bonds, high-yield debt, structured notes, SPACs, and rights issues.
This deep transactional experience enables our experts to provide credible and authoritative opinions on underwriting standards, disclosure obligations, prospectus liability, due diligence procedures, and market practice in complex capital markets disputes.
SEDA acts as both expert witness and consulting adviser in capital markets matters. As expert witnesses, our practitioners testify on underwriter liability, IPO allocation practices, prospectus disclosure deficiencies, and the standard of care applicable to bookrunners and lead managers in equity and debt capital markets transactions. As consultants, we advise financial institutions, issuers, and their counsel on deal process standards, pricing methodology, book-building practices, and the obligations of capital markets advisers — drawing directly on experience leading ECM and DCM operations at bulge-bracket institutions to provide analysis that reflects genuine market practice rather than textbook theory.
WHY SEDA
Former heads of Equity Capital Markets and Debt Capital Markets at leading global investment banks — direct experience structuring, executing, and pricing securities offerings globally.
Expertise across IPOs, SPACs, rights issues, block trades, convertible bonds, high-yield offerings, and structured notes — including cross-border and multi-tranche transactions.
Deep knowledge of underwriting standards, prospectus liability, due diligence obligations, and regulatory requirements governing capital markets transactions.
SUB-PRACTICE AREAS
Areas of expertise
01
Equity Capital Markets
Related: Securities & Derivatives · M&A
02
Debt Capital Markets
Related: Financing Instruments · Asset Servicing
03
Prospectus Liability & Disclosure
Related: Investigation & Regulatory Enforcement
04
IPOs, secondary offerings, rights issues, block trades, and SPAC transactions — including underwriting standards, allocation practices, stabilization, and pricing decisions.
Expert opinions on prospectus accuracy, material omissions, due diligence standards, and liability for misstatements in offering documents under securities laws globally.
Analysis of bond issuances, convertible securities, high-yield offerings, and structured debt transactions — including due diligence obligations, disclosure standards, and underwriter duties.
Analysis of transaction structuring decisions, pricing methodology, book-building processes, and fee arrangements in complex capital markets transactions.
Transaction Structuring & Pricing
Related: Damages, Forensics & Fraud
