Dr. Matthew D. Cain submitted his expert analysis on behalf of the investor class in In re Romeo Power Inc. Securities Litigation (Case No. 1:21-cv-03362), with economic research and modeling support from Fideres.

Cain’s market efficiency analysis examines whether Romeo Power stock traded in an efficient market where material information was rapidly incorporated into share prices. Fideres utilized specialized econometric methodologies to analyze market characteristics and price responsiveness, applying proven market efficiency frameworks developed through extensive SPAC and emerging technology securities experience.

The market efficiency analysis supports the application of fraud-on-the-market theory, demonstrating that corrective disclosures about Romeo Power’s supply chain issues were efficiently reflected in stock price movements.