Class action litigation is becoming increasingly prevalent and complex, driven by evolving regulatory landscapes, heightened consumer awareness, large-scale data breaches and privacy violations issues, as well as expanding legal and antitrust frameworks. Courts are also tightening class certification standards, requiring rigorous economic analysis and expert testimony. Class action litigation presents unique challenges, requiring deep financial, economic, and data-driven analysis to evaluate claims, assess damages, and manage large-scale datasets.
StoneTurn provides clients with a trusted advisor to help them navigate the complex work of class action litigation, providing expertise in economic analysis, data analytics, and financial modeling. Our key strengths include proficiency in handling large, complex datasets to assess damages across a given class and expertise in econometrics and statistical methodologies. We provide rigorous, defensible analysis to support class certification, quantify damages, and withstand legal scrutiny for industry-specific regulations in antitrust, data privacy, competition litigation, and consumer protection, which is critical to successful outcomes.
They are very client-oriented. They anticipate and plan for what is going to be needed from them.
– Chambers, Quoting a Client
How We Help
Class Certification and Economic Analysis
StoneTurn experts have a deep understanding of the legal requirements for class certification, such as commonality and typicality, and apply rigorous economic analysis to support or challenge certification. This involves using econometric models and statistical techniques to determine whether the alleged harm is consistent across the class. Our ability to analyze large datasets, identify patterns, and provide detailed reports has been key in convincing courts that class-wide damages or impacts can be quantified effectively, meeting the legal thresholds for certification.
Quantification of Class-Wide Damages
One of StoneTurn’s core competencies in class action litigation is accurately quantifying class-wide damages. We develop robust economic models to assess the financial impact of the alleged wrongdoing across all plaintiffs, often using data such as transaction records or market trends. Our strong skills in econometrics, data analysis, and industry-specific knowledge have helped us deliver precise, credible damage estimates.
Expert Witness Testimony Experience
StoneTurn’s professionals frequently serve as expert witnesses in class action litigation, providing clear, well-supported testimony and independent and objective analysis to quantify damages, assess liability, and uncover key financial insights. Our expert witnesses excel in translating complex economic concepts into clear, understandable testimony that courts, juries, and legal teams can grasp. Our ability to present data-driven insights while adhering to legal guidelines is a crucial capability that significantly impacts success in high-stakes litigation.
