WEST PALM BEACH, Fla., Jan. 9, 2012 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that Bradford Cornell, Ph.D., an internationally renowned financial economist and expert in the field of complex financial litigation, has joined Compass Lexecon, a division of the Economic Consulting practice at FTI Consulting. Dr. Cornell previously served as a Special Consultant with Charles River Associates (CRA) (NASDAQ: CRAI) from 1999-2011. In addition, a number of Dr. Cornell's key staffers have joined the firm from CRA. Jack Dunn, President and CEO of FTI Consulting, said: "The vision and strategy of FTI Consulting from the beginning has been to be 'the place to be for clients, investors and, most of all, the great professionals who make it all possible.' Brad Cornell's choosing to join us is another testament to the success of that vision and strategy and to our more than 3,800 professionals worldwide who, indeed, 'make it all possible.' Welcome, Brad, and congratulations to the team at Compass Lexecon." Dan Fischel, Chairman and President of Compass Lexecon, commented, "The addition of Brad Cornell to our finance practice will serve to further strengthen our market-leading securities and complex financial litigation expertise. Like our existing team, Brad has provided testimony and expert analysis in many of the largest and most widely publicized finance-related cases in the United States since the 1980s. He and his team are an excellent fit to continue to bolster this core area of our practice." Dr. Cornell also serves as a Visiting Professor of Financial Economics at Caltech. Prior to joining the Caltech faculty, Dr. Cornell was the Bank of America Professor of Finance at the Anderson Graduate School of Management, University of California, Los Angeles, where he taught for 26 years. In addition, he was the founder of FinEcon, a financial economic consulting firm that merged with CRA in 1999. In his academic capacity, Dr. Cornell has published approximately 100 peer-reviewed articles on a wide variety of financial topics. Additionally, he is the author of Corporate Valuation: Tools for Effective Appraisal and Decision Making and The Equity Risk Premium and the Long-Run Future of the Stock Market. Dr. Cornell has won a number of awards for his research, including the Graham and Dodd Award from the Financial Analysts Society in 2006 and 2010 and the Bernstein/Fabozzi Award from the Journal of Portfolio Management in 2010. About FTI ConsultingFTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 23 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.4 billion in revenues during fiscal year 2010. More information can be found at www.fticonsulting.com.
Shares of CRA International (Nasdaq:CRAI) have taken a tremendous swing upward. The stock is trading at $24.92 as of 11:21 a.m. ET, 23.4% above Wednesday's closing price of $20.19. Volume is at 20,984, 0.5 times the daily average of 40,100.