Summary
The California Court of Appeal, 2nd Appellate District, determined the increase in a stock’s market price occasioned by a corporate merger was reasonably foreseeable for the purpose of calculating damages in a breach of contract action.
Karl J. Reeb v. Airtouch Communications, Inc.
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See Also
Increase in Stock Price Is Foreseeable When Calculating Damages for Stock Options
The California Court of Appeal, 2nd Appellate District, determined the increase in a stock’s market price occasioned by a corporate merger was reasonably foreseeable for the purpose of calculating damages in a breach of contract action.