Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities, LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that while the expert “may not be the world's leading expert” in the relevant field, challenges to his qualifications go to the weight and credibility of his testimony, not its admissibility
• allowing hedge fund administrator to testify about the customs and practices of that industry
• expert’s “experience as a hedge fund administrator provides a sufficient basis for him to testify about the customs and practices of hedge fund administrators”
• “the reliability of [an expert’s] testimony largely depends on whether he has drawn the proffered industry standards from an adequate source—in this case, his experience.”
• expert testimony regarding parties’ legal obligations “improperly usurps the role of the trial judge in instructing the jury as to the applicable law and the role of the jury in applying the law to the facts before it”
• permitting experts to opine on 23 industry due diligence practices

Source: CourtListener parenthetical corpus (CC0).