In re Novatel Wireless Securities Litigation

BVLaw
Full Text of Court Cases
December 14, 2012
4812 Radiotelephone Communications
517312 Wireless Telecommunications Carriers (except Satellite)
securities litigation
economic damages & lost profits, event study

In re Novatel Wireless Securities Litigation
2012 U.S. Dist. LEXIS 181198
US
Federal Court
California
United States District Court
Bjorn Steinholt (plaintiffs); Dr. David Tabak (defendants)
Battaglia

Summary

District court finds expert’s damages calculation in securities case is not unreliable simply because it incorporates inflated purchase; expert also performed an event study and regression analysis to assess the effect of misrepresentation on inflated pri ...
In re Novatel Wireless Securities Litigation
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See Also

Inclusion of Inflated Purchase Price Does Not Doom Damages Calculation

District court finds expert’s damages calculation in securities case is not unreliable simply because it incorporates inflated purchase; expert also performed an event study and regression analysis to assess the effect of misrepresentation on inflated pri ...