Skip to Main Content

Dr. Aharonian delivers rigorous, resourceful, and principled consulting services and expert testimony on matters related to securities, financial markets, valuation, corporate finance, tax, and international arbitration.

During his tenure at Brattle, Dr. Aharonian has provided expert testimony on damages, valuation, irreparable harm, and market efficiency in various forums. He has also led teams providing economic analysis and settlement support in high-profile domestic and international disputes. These engagements have included general securities litigations, securities class actions, Delaware minority share appraisals, asset valuations (traditional businesses and tech/start-up ventures), derivatives valuations, risk management, debt capacity analyses, cost of capital estimations, tax disputes, regulatory cost models, and international asset appropriations.

In Canada, Dr. Aharonian has provided expert testimony on aggregate class damages and market efficiency, and has consulted on tax disputes for both taxpayers and government agencies. He has also supported testimony before provincial and federal regulators, including coauthoring a report for the Canadian Transportation Agency on cost of capital methodology.

Outside of his consulting work, Dr. Aharonian is regularly invited to speak on the evolving US securities litigation landscape. He also serves as an adjunct in the MBA program at Babson College, where he has taught courses on fixed income securities and financial derivatives.

Testimony

Judy Mesirov, derivatively v. Enbridge Energy Company Inc., et al. (Delaware Chancery Court, C.A. No.11314-VCS). Expert Report of Matthew O’Loughlin and Matthew Aharonian. Submitted expert report on behalf of Plaintiffs concerning the value of pipeline assets received in a transaction, along with the value of the consideration that was paid in exchange (equity units with imbedded options/features). (October 1, 2018)

October 1, 2018

GrowthQuest Capital Inc. v. Volkswagen Aktiengesellschaft (Ontario Superior Court of Justice, Court
File No.: CV-16-566618-00CP) & Chandler v. Volkswagen Aktiengesellschaft (Quebec Superior Court,
S.C. No.: 500-06-000838-173).
Submitted expert report on behalf of Plaintiffs concerning tests of market efficiency and damages methodology in the context of securities class actions. (November 23, 2017)

November 23, 2017

Telecom Association, Petitioner, v. Federal Communications Commission and the United States of
America, Respondents, Case No. 15-1063 (and consolidated cases). United States Court for the District of Columbia Circuit. Declaration of William P. Zarakas and Matthew Aharonian,
evaluating allegations of irreparable harm from the FCC’s decision to regulate broadband services under common carrier designation. (May 22, 2015)

May 22, 2015

Askenazy et al. v. Tremont. Group Holdings et al., No. 10-04801-BLS2 (Massachusetts Superior Court). Expert Report of Matthew Aharonian and Lynda Borucki. Submitted expert report on damages to investors from losses caused by imprudent management of fund portfolios connected to the Madoff fraud. (January 24, 2014)

January 24, 2014

Review of Regulatory Cost of Capital Methodologies, with Michael J. Vilbert and Bente Villadsen.
Prepared for the Canadian Transportation Agency. (September 2010)

September 2010
Publications
News & Events
May 19, 2020
Brattle Experts to Discuss Economic Analysis in Antitrust, Consumer, and Securities Class Actions During CBA Webinar

Brattle Principals Armando Levy, Lisa Cameron, and Matt Aharonian will join a Chicago Bar Association (CBA) webinar to discuss “Economic Analysis in Antitrust, Consumer and Securities Class Actions,” which will take place on May 19 at 12:00 p.m. (PT)/2:00 p.m. (CT)/3:00 p.m. (ET).

February 06, 2020
Six Consultants Become Principals at The Brattle Group

The Brattle Group is pleased to introduce the six outstanding experts who were recently named as principals.

January 31, 2018
Matthew Aharonian to Participate in The Knowledge Group Webinar on Securities Litigation

Brattle Senior Associate Matthew Aharonian will participate in The Knowledge Group’s webinar, “Securities Litigation: Defense Strategies in 2018 and Beyond,” taking place January 31, 2018 from 12:00 – 1:30 pm (EST).

November 15, 2017
Matthew Aharonian to Present on The Knowledge's Group's Webinar on Securities Class Actions

Brattle Senior Associate Matthew Aharonian will participate on The Knowledge Group’s webinar, “Securities Class Actions: Trends & Developments in 2017 & Beyond,” taking place November 15, 2017 from 12-2 pm EST.

August 04, 2017
Matthew Aharonian to Present on The Knowledge Group’s Webinar on New Debt-Equity Regulations

Brattle Senior Associate Matthew Aharonian will present on The Knowledge Group’s webinar, “Understanding the Impact and Implications of the New Debt-Equity Regulations,” taking place August 4, 2017 from 3-4 pm EST.

September 06, 2016
Matthew Aharonian to Discuss Halliburton II and the Price Impact Rule at The Knowledge Group's Webinar

Brattle Senior Associate Matthew Aharonian will present during The Knowledge Group’s webinar, “Halliburton II and the Price Impact Rule: Impact on Securities Class Actions,” taking place September 6, 2016 from 12:00-2:00 pm EST.

April 20, 2016
Matthew Aharonian to Present Webinar on Halliburton II and the Price Impact Rule Decision

Brattle Senior Associate Matthew Aharonian will participate in The Knowledge Group’s webinar, “Halliburton II and the Price Impact Rule Decision: Then & Now,” taking place April 20, 2016 from 12:00 pm - 2:00 pm EST.

December 23, 2015
Brattle Economists Author Law360 Article Examining Methodology Findings in Halliburton Class Decision

Brattle Principals Torben Voetmann and Paul Hinton and Senior Associate Matthew Aharonian recently co-authored an article published on Law360, “Battle of the Experts: The Focus on Event Studies in Class Certification.”