Martello were instructed on behalf of an interdealer broker in order to analyse trade data in relation to a dividend arbitrage claim. The expert work included working with a forensic accountancy team in order to clean the data before reviewing it.
Once Martello received the clean dataset from the forensic accountancy team, the expert and analyst team worked in tandem to decipher the trades that were likely part of a dividend arbitrage scheme. The analysts were able to assist the expert in efficiently bucketing the data according to the expert’s guidance.
The conclusions reached from the analysis assisted the client in achieving a favourable settlement that prevented the case from proceeding.