Dr. Matthew D. Cain submitted his economic expert analysis in Thompson v. Mallinckrodt plc (Case No. 1:20-cv-12607), with financial modeling and statistical research contributed by Fideres.

The efficiency evaluation determines whether Mallinckrodt securities traded in an efficient market where material disclosures were quickly absorbed into share pricing. Fideres conducted multi-factor analysis and examined intraday price movements, applying econometric techniques to measure market reaction timing and intensity.

Cain’s analysis documented measurable price corrections following material information releases, with statistical evidence showing systematic market responses to corrective disclosure events.