Court, Not Expert, Misses Mark on Loss Causation

Business Valuation UpdateVol. 19 No. 10
Legal and Court Case Update
October 2013

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9511 Air and Water Resource and Solid Waste Management
924110 Administration of Air and Water Resource and Solid Waste Management Programs
securities litigation
damages, rule 702, securities fraud, loss causation
Pure Earth, Inc. v. Call
2013 U.S. App. LEXIS 14724
July 19, 2013
US
Federal Court
Pennsylvania
United States Court of Appeals
Stephen Scherf (appellant); unknown (appellees)
Roth

Summary

Appellate court finds district court erred in excluding expert testimony on loss causation and damages in non-typical § 10(b) securities fraud case under Rule 702, because proof as to both elements under this scenario is less “complex”; the expert only ha ...

See Also

Pure Earth, Inc. v. Call

Full Text of Court Cases
July 19, 2013

Appellate court finds district court erred in excluding expert testimony on loss causation and damages in non-typical § 10(b) securities fraud case under Rule 702, because proof as to both elements under this scenario is less “complex”; the expert only ha ...