Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Nicholas J. Weir has entered into an agreement to become a vice president to CRA’s Financial Markets Practice. Mr. Weir specializes in consulting related to securities, commodities, derivative investment products, risk management, and trading practices. He is expected to begin working with CRA in May 2013. “Nick Weir has more than 30 years of experience involving professional commodity, securities and derivative instrument trading,” said CRA's President and Chief Executive Officer Paul Maleh. “As a consultant, expert testifier, and former Trader and Trading Manager, Nick offers both the practical insights and in-depth industry perspective organizations often seek from commodity and securities-related, litigation consulting experts. We look forward to working with him.” Mr. Weir’s consulting expertise includes evaluating the risk management exposure of major trading and investment firms, analyzing the risk exposure related to insurance coverage for risks associated with exchange traded investment products on behalf of global trading companies, and leading efforts to analyze the valuation of a wide variety of interests held by many of the world’s largest trading and investment firms. He is also regularly called upon as an expert to independently address customs and practices associated with the most complex trading and investment issues faced by market participants. In addition to his consulting expertise, Mr. Weir testifies as an expert in litigation matters. He has testified as an expert, either at deposition, trial, or in regulatory proceedings, in more than 40 matters and before forums of the US Securities and Exchange Commission, the Commodity Futures Trading Commission, the New York Stock Exchange, the National Association of Securities Dealers (NASD) now called the Securities Industry and Financial Markets Association (SIFMA), the National Futures Association (NFA), the Chicago Board of Trade, the Chicago Mercantile Exchange, US Bankruptcy Court, the American Arbitration Association, and in a number of Federal Court cases throughout the United States. He has been registered and licensed with the NASD and the NFA and has been series 3, 7, and 63 registered and licensed.
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.
Shares of CRA International (Nasdaq:CRAI) were gapping down Monday morning with an open price 14.3% lower than Friday's closing price. The stock closed at $19.87 yesterday and opened today's trading at $17.02.