Damages Flowing From Withheld Corporate Information Considered

Business Valuation Update BVLaw
Legal and Court Case Update
January 19, 2005

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3648 Lighting Equipment, NEC
335129 Other Lighting Equipment Manufacturing
fraud
Thomas Persson v. Smart Inventions, Inc., et al.
No. B164418 (Cal. App. 2 Dist. 2005)
US
State Court
California
Court of Appeals
Adela Carrasco, James R. Rosen, Joanna H. Kim, Robert N. Treiman, Stephen R. Mick
James Schilt <br> William Mowrey <br>
Boland

Summary

The California Court of Appeals, 2nd District, affirmed a damage award in the fraudulent concealment action involving the sale of stock between shareholders, which was measured as the actual value of the interest less the amount of the purchase price.

See Also

Thomas Persson v. Smart Inventions, Inc., et al.

Full Text of Court Cases
January 19, 2005

The California Court of Appeals, Second District affirmed a damage award in the fraudulent concealment action involving the sale of stock between shareholders, which was measured as the actual value of the interest less the amount of the purchase price. T ...