Pavithra Kumar

Vice President
Pavithra Kumar

New York

Education

Ph.D., finance, MIT Sloan School of Management; B.Sc., mathematics and economics, London School of Economics and Political Science

Summary of Experience

Dr. Kumar has more than a decade of experience in economic consulting and specializes in the application of economic and financial theory to questions arising in complex securities and finance litigation. She has expertise in damages quantification, valuation models, securities, and structured finance litigation, and has been engaged several times as an expert. Dr. Kumar’s work has contributed to several high-profile wins, including a multibillion-dollar hotel acquisition dispute in which she led teams supporting a valuation expert in his assessment of the post-transaction performance of the acquired hotels and the resultant decline in value. In other matters, she has led teams in the preparation of economic, financial, and statistical analyses through all stages of the litigation process – including deposition and trial testimony – and supported a variety of academic and industry experts. In previous consulting roles, Dr. Kumar managed various securities and transfer pricing litigation matters and supported testifying experts. In a US government fraud investigation into a major credit rating agency after the 2008 financial crisis, she led a team that provided evidence that key inputs in the agency’s risk models inflated ratings of collateralized debt obligation (CDO) tranches, culminating in a multibillion-dollar settlement. Dr. Kumar has published articles on hedge fund performance persistence and the nature and impacts of high-frequency trading in multiple academic journals. Earlier in her career, she worked in the global technical strategy group of a major securities brokerage and financial advisory services firm, where she built an online tool to back-test complex trading strategies based on a selection of technical signals.