After the failure of MBank, a large Dallas-based commercial bank, counsel for its directors and officers retained an ERS Group economist to review all of the bank's major lending relationships. The purpose of the review was to analyze and evaluate the bank's lending policies and practices, to identify and characterize shortcomings in those policies and practices, and to assess and respond to charges by the FDIC that the bank's policies and practices were fundamentally unsafe and unsound.
ERS Group economists conducted more than thirty investigations of claims for damages arising in lender liability lawsuits against commercial banks and savings and loans.
ERS Group was retained by the Defendant to prepare in-depth analyses of pricing decisions utilizing both company and market data.
ERS Group was retained by the Defendant to prepare analyses of rate differentials among automobile contracts sold to customers. The Court denied class certification.
ERS Group collected data and analyzed loan data on behalf of the Defendant.