Summary
Florida Court of Appeals reverses largest jury verdict to date for economic damages ($1.45 billion) for lack of "fraud-free" evidence related to claims that investment bank helped to fraudulently inflate the value of plaintiff's target acquisition (Sunbea ...
Morgan Stanley & Co., Inc. v. Coleman (Parent) Holdings, Inc.
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See Also
Reversal of Fortune: $1.45 Billion Verdict Vacated for Lack of Fraud-Free Valuation
Court reverses $1.45 billion jury verdict based on lack of “fraud-free” valuation of securities.