Latest news with #BrattleGroup
Associated Press
16 hours ago
- Business
- Associated Press
The Brattle Group Expands Infrastructure Practice with Addition of Experts Luigi de Francisci and Paolo Prestininzi
ROME, June 5, 2025 /PRNewswire/ -- The Brattle Group is pleased to announce the continued growth of its cross-sector Infrastructure practice with the addition of two distinguished experts: Outside Expert Luigi de Francisci and Senior Associate Paolo Prestininzi. 'We are thrilled to welcome Luigi and Paolo, both of whom bring in-depth regulatory and industry expertise, to our growing team,' said Dr. Lucia Bazzucchi, Brattle Principal and Infrastructure Practice Leader. 'Their experience across European institutions and major infrastructure operators will deepen our capabilities in supporting clients with a wide range of infrastructure projects and challenges, from regulatory and market design reform to disputes to operation and investment analysis.' Mr. de Francisci is a legal and regulatory expert with over three decades of experience in Italy's energy and utilities sectors. He has held senior leadership and regulatory roles at Gestore della Trasmissione Nazionale (GRTN), Italy's national grid operator; Terna S.p.A., Europe's largest independent electricity transmission operator; and, most recently, ACEA, one of Italy's largest multi-utility companies. Throughout his career, Mr. de Francisci has worked closely with national and international regulatory bodies, represented Italian infrastructure institutions in European forums, and been a member of numerous boards and committees, including the European Network of Transmission System Operators (ENTSO-E) board. His expertise includes tariff review, regulatory compliance, infrastructure regulation, and contract settlement. An expert in corporate finance, Mr. Prestininzi has extensive experience advising investors and infrastructure operators on regulation, asset valuation, and restructuring matters. He has worked on a number of complex international infrastructure projects across the entire transaction lifecycle, from pre-deal financing to post-deal integrations and business restructurings. He previously worked at a Big Four accounting firm as well as a leading international infrastructure operator, where he worked with motorways, airports, and fiber-optic networks. Brattle's Infrastructure practice supports clients on high-stakes economic, financial, and regulatory issues related to infrastructure investment, regulation, and policy. The team advises investors, operators, regulatory authorities, and governments on complex matters across sectors, including energy, telecom, transportation (such as aviation, railways, shipping, and toll roads/motorways), water, and waste. Brattle's strength lies in its combination of rigorous quantitative analysis and deep real-world expertise, drawing on the academic, regulatory, and hands-on industry experience of its consultants. The addition of Mr. de Francisci and Mr. Prestininzi to the Infrastructure practice reflects the firm's strategic commitment to supporting clients on the front lines of infrastructure transformation. To learn more about Brattle's Infrastructure practice, please visit: ABOUT BRATTLE The Brattle Group answers complex economic, finance, and regulatory questions for corporations, law firms, and governments around the world. We are distinguished by the clarity of our insights and the credibility of our experts, which include leading international academics and industry specialists. Brattle has 500 talented professionals across four continents. For more information, please visit View original content to download multimedia: SOURCE The Brattle Group
Yahoo
20-05-2025
- Business
- Yahoo
Securities Litigation Expert Dr. Jan Jindra Joins The Brattle Group as Principal
SAN FRANCISCO, May 20, 2025 /PRNewswire/ -- The Brattle Group has welcomed Dr. Jan Jindra to its San Francisco office as a Principal in the firm's Securities Class Actions and White Collar Investigations & Litigation practices. A former financial economist and Assistant Director at the US Securities and Exchange Commission's (SEC's) Division of Economic and Risk Analysis, Dr. Jindra has 20 years of experience advising clients on complex securities litigation and regulatory investigations. Dr. Jindra's expertise spans the valuation of complex securities, insider trading, market manipulation, investment advisor fraud, disclosure violations, initial public offering (IPO) allocations, investor harm, and hedge fund performance, among other topics. He has served as a testifying expert and consultant in both civil and criminal proceedings – including in complex matters involving insider trading, disclosure violations, analysis of trading strategies, enterprise valuation, and valuation of complex securities – for the SEC, the US Department of Justice, and the Federal Trade Commission. "With his deep industry experience and his wide-ranging securities expertise, Jan will be a tremendous asset to Brattle's clients. Likewise, his collaborative nature and emphasis on developing the next generation of experts make him a wonderful fit for our firm," said Torben Voetmann, Brattle President & Principal. At the SEC, in addition to providing expert testimony, Dr. Jindra led teams and actively participated in witness interviews and depositions, settlement negotiations, and the preparation of expert reports. He also oversaw staff development and played a key role in mentoring the next generation of expert witnesses within the agency. "Brattle is known for its collegial culture and its top-notch team of experts, and I am thrilled to transition back into consulting at such a reputable firm," said Dr. Jindra. "I look forward to collaborating with my new colleagues, developing the next generation of experts, and helping clients answer complex economic, finance, and regulatory questions." Prior to his tenure at the SEC, Dr. Jindra taught finance courses at The Ohio State University and Menlo College. He also authored numerous peer-reviewed articles in highly reputable finance academic journals. Earlier in his career, he was a Senior Manager at an international economics consultancy. To learn more about Dr. Jindra, please see his full bio at ABOUT BRATTLEThe Brattle Group answers complex economic, finance, and regulatory questions for corporations, law firms, and governments around the world. We are distinguished by the clarity of our insights and the credibility of our experts, which include leading international academics and industry specialists. Brattle has 500 talented professionals across four continents. For more information, please visit View original content to download multimedia: SOURCE The Brattle Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
20-05-2025
- Business
- Malaysian Reserve
Securities Litigation Expert Dr. Jan Jindra Joins The Brattle Group as Principal
SAN FRANCISCO, May 20, 2025 /PRNewswire/ — The Brattle Group has welcomed Dr. Jan Jindra to its San Francisco office as a Principal in the firm's Securities Class Actions and White Collar Investigations & Litigation practices. A former financial economist and Assistant Director at the US Securities and Exchange Commission's (SEC's) Division of Economic and Risk Analysis, Dr. Jindra has 20 years of experience advising clients on complex securities litigation and regulatory investigations. Dr. Jindra's expertise spans the valuation of complex securities, insider trading, market manipulation, investment advisor fraud, disclosure violations, initial public offering (IPO) allocations, investor harm, and hedge fund performance, among other topics. He has served as a testifying expert and consultant in both civil and criminal proceedings – including in complex matters involving insider trading, disclosure violations, analysis of trading strategies, enterprise valuation, and valuation of complex securities – for the SEC, the US Department of Justice, and the Federal Trade Commission. 'With his deep industry experience and his wide-ranging securities expertise, Jan will be a tremendous asset to Brattle's clients. Likewise, his collaborative nature and emphasis on developing the next generation of experts make him a wonderful fit for our firm,' said Torben Voetmann, Brattle President & Principal. At the SEC, in addition to providing expert testimony, Dr. Jindra led teams and actively participated in witness interviews and depositions, settlement negotiations, and the preparation of expert reports. He also oversaw staff development and played a key role in mentoring the next generation of expert witnesses within the agency. 'Brattle is known for its collegial culture and its top-notch team of experts, and I am thrilled to transition back into consulting at such a reputable firm,' said Dr. Jindra. 'I look forward to collaborating with my new colleagues, developing the next generation of experts, and helping clients answer complex economic, finance, and regulatory questions.' Prior to his tenure at the SEC, Dr. Jindra taught finance courses at The Ohio State University and Menlo College. He also authored numerous peer-reviewed articles in highly reputable finance academic journals. Earlier in his career, he was a Senior Manager at an international economics consultancy. To learn more about Dr. Jindra, please see his full bio at ABOUT BRATTLEThe Brattle Group answers complex economic, finance, and regulatory questions for corporations, law firms, and governments around the world. We are distinguished by the clarity of our insights and the credibility of our experts, which include leading international academics and industry specialists. Brattle has 500 talented professionals across four continents. For more information, please visit
CNA
14-05-2025
- Business
- CNA
Retailers urge European Commission to crack down on Visa, MasterCard
BRUSSELS :Europe's largest retailers and online retail giants have urged the European Commission to rein in allegedly high fees charged by Visa and Mastercard, saying they hurt the bloc's competitiveness and hamper rivals. Visa and Mastercard dominate the market for payment cards and have in recent years faced complaints from retailers about their scheme fees, and what retailers say is a lack of transparency on these fees. The two U.S. companies process about two-thirds of card payments in the euro zone. The retailers' grievances have in part prompted the 27-country European Union to look into alternatives such as a digital euro to lessen dependence on American payment providers. The slow legislative process on a digital currency, however, has frustrated some policymakers and businesses. "International Card Schemes (ICS) have been able to increase their fees without competitive challenge or regulatory scrutiny. They have also rendered their system of fees and rules so complex and opaque that players are unable to understand, let alone challenge, what they are paying for and why," the retailers said in a letter dated May 13 and seen by Reuters. The group cited a 2024 report by The Brattle Group that showed a cumulative increase in ICS' fees of 33.9 per cent between 2018 and 2022 - averaging 7.6 per cent per year - on top of inflation, but did not find any corresponding improvement in service for EU merchants and consumers. Visa and Mastercard did not have any immediate comment. The letter was addressed to the Commission's antitrust chief Teresa Ribera, financial services commissioner Maria Luís Albuquerque and economy chief Valdis Dombrovskis. Signatories were EuroCommerce, Ecommerce Europe, Independent Retail Europe, the European Association of Corporate Treasurers and the European Digital Payments Industry Alliance. Members of the lobby groups include Aldi, Amazon, Carrefour, eBay, H&M, Ikea, Intersport, Marks & Spencer, Worldline, Nexi and Teya. The letter called on the Commission to take action against Visa and Mastercard under EU antitrust rules, modify the rules on interchange fees by imposing price controls on scheme fees, levy transparency and non-discriminatory obligations on ICSs and introduce a tool for regulators to scrutinise actions taken by the ICSs.
Yahoo
06-05-2025
- Business
- Yahoo
Pueblo joining others to seize Black Hills assets could cost $4 billion, analysis warns
While studies by the Brattle Group and GDS Associates concluded municipalization is not feasible for the city of Pueblo, a cooperative effort with other municipalities in Black Hills Energy's Colorado System has been floated as a potential alternative. However, a new internal analysis conducted by the Brattle Group concluded that a condemnation and subsequent operation of assets throughout Black Hills' Colorado system would cost over $4.1 billion. The Brattle Group previously concluded in a study commissioned by Black Hills that municipalization would cost the city of Pueblo over $1 billion. Black Hills' Colorado system includes over 100,000 customers in southern Colorado. The majority of them— about 52% — live in Pueblo. Outside of Pueblo County, Black Hills ratepayers reside in Crowley, Custer, Fremont, Otero and Teller counties. Toby Bishop of the Brattle Group told the Chieftain a multi-county, system-wide takeover of Black Hills' Colorado generation, distribution, and transmission assets would be "unprecedented." "Based on what we have seen — we've worked on these all across the United States — the potential proposal of condemning on a system-wide basis across multiple jurisdictions like this would certainly be unprecedented and not something that has been done elsewhere," Bishop said. Bishop said such an undertaking would require communities throughout the system to have similar priorities, be able to pursue condemnation at the same time, and determine how costs will be shouldered between multiple communities. Findings from the Brattle Group's recent analysis were referenced in a Black Hills Energy statement shared with the Chieftain April 15. A "system-wide condemnation" would leave southern Colorado taxpayers with "a heavy financial burden," and multi-county efforts would be impeded by "costly" state and federal regulatory challenges, Black Hills officials said in the statement. What is Ballot Question 2A? And why does Pueblo want to leave Black Hills? Efforts by Pueblo city officials to leave Black Hills stem from dissatisfaction with high electric rates charged by the investor-owned utility company relative to municipalized utilities in Colorado, and a recent electric rate increase that took effect in March. The city of Pueblo's decision on whether or not to cancel its franchise agreement with Black Hills will be informed by the results of Ballot Question 2A on the May 6 special election ballot. On April 14, four out of six Pueblo City Council members in attendance voted to approve a resolution encouraging residents to vote "yes" on 2A. Pueblo Mayor Heather Graham speaks in opposition to Black Hills Energy rate increases outside the Pueblo County Courthouse on Thursday, July 11, 2024 Pueblo Mayor Heather Graham, one of several elected officials vocal in the city's search for alternatives to Black Hills, told the Chieftain in a written statement that the commissioning of the Brattle Group by Black Hills was "an obvious bully tactic" to scare voters into cooperating with the investor-owned utility. "Black Hills conducted their own analysis through a commissioned firm to value their own assets that at this point they are unwilling to sell," Graham's statement reads. "They'd like the general public to believe this evaluation so that the feasibility to move forward in any other way than with them, looks impossible." Black Hills has maintained that the Brattle Group's initial feasibility study on municipalization and the new analysis on a cooperative effort were independently conducted. Pueblo commissioned its own feasibility study at a cost to taxpayers of $300,000, the results of which had still not been released as of April 16. More on 2A: 'David and Goliath': Pueblo City Council majority approves 'Yes on 2A' resolution Pueblo Chieftain reporter James Bartolo can be reached at JBartolo@ Support local news, subscribe to the Pueblo Chieftain at This article originally appeared on The Pueblo Chieftain: Why a six-county purchase of Black Hills Colorado may not be feasible
