Summary
Third Circuit reverses district court determination that attorneys and appraisers are not liable for material misstatements of fair value in a proxy statement, remanding case for possible findings of malpractice and apportionment of liability for $33 mill ...
Amboy Bancorporation v. The Bank Advisory Group
PDF, Size: 142 KB
See Also
Attorneys and Appraisers May Be Liable for Wrong FV in Proxy Statement
3rd Circuit reverses district court determination that attorneys and appraisers are not liable for material misstatements of fair value in a proxy statement, remanding case for possible findings of malpractice and apportionment of liability for $33 million.