MDC’s “Event-Driven Legal℠” investment-research service follows significant legal disputes to provide clients with actionable investment ideas that tend to be non-correlated with the market. MDC has been providing its subscription “Event‐Driven Legal℠” investment‐research service since 2009, and MDC’s Director of Research, Michael D. Cohen, has been following legal disputes for investment purposes for more than 20 years.
MDC aims to support the investment returns of its clients by: Locating significant legal situations, alerting of potential future volatility events and providing estimates of timing, educating clients on case histories and other information in preparation for share-price catalysts, reporting the parties’ arguments and other legal developments, attending trials and/or hearings in an effort to provide timely on-site updates, watching dockets closely with in-house automated software in an effort to break legal news, estimating potential impact to share-price, and answering client questions on our research and specific cases.
MDC’s “Event-Driven Legal℠” investment-research service is not limited to a certain type of litigation but rather focuses on finding and following all types of litigation with the potential to significantly move the share price of publicly-traded companies along what it typically considers to be a “catalyst path.” Given this broad focus, MDC has extensive experience covering litigation in U.S. District Courts, U.S. Federal Appeals Courts, various U.S. State Courts (including California, Delaware, and New York), the Patent Trial and Appeal Board of the USPTO, the U.S. International Trade Commission, as well as other venues.
Typically, MDC keeps about 50 ongoing cases in its “Focus List” and strives to provide clients with news and analysis on important decisions swiftly upon the Court publishing such information to its Docket. MDC’s deep analysis and frequent attendance at important events strives to provide predictability of significant outcomes in advance of Agency Decisions or Court Orders. MDC also keeps a rotating list of about 100+ “Incubation Situations” that may be rotated onto our “Focus List” as situations move along the typical “catalyst path” that protracted litigation frequently provides for the share-prices of public companies.