A plaintiff’s securities practice runs on three skill-sets. There is legal craft — pleadings, motion practice, lead-plaintiff appointment, class certification, expert work, trial. That is Bob’s domain, and it requires bar admission. There is regulatory and disclosure literacy — the ability to read a 10-K, an 8-K, a registration statement, or a proxy the way a regulator reads it, and to know which disclosure failures move cases under §10(b), §11, §14(a), and the PSLRA. And there is economic and quantitative discipline — loss causation, materiality assessment, damages methodology, the elements PSLRA scrutiny most often turns on.

Jordan’s seat at the firm covers the second and third. At DFS he read the financial statements of institutions whose disclosures were the only thing standing between investors and a loss, under the standard the State’s chief financial regulator applies. Adversarial to misstatement. Fluent in the regulatory architecture that surrounds public-company disclosure. Comfortable with the quantitative apparatus — capital-structure analysis, materiality thresholds, market-impact modeling — that securities cases live or die on.

That perspective now drives the firm’s case-evaluation infrastructure: the screening that decides which 8-K filings are followed, which proxies are investigated, which deals draw a §220 books-and-records demand, and which alleged disclosure failures rise to the standard a federal court will sustain past a motion to dismiss.