Dueling Daubert Motions in Securities Fraud Litigation Focus on Loss Causation

Business Valuation UpdateVol. 16 No. 12
Legal and Court Case Update
December 2010
6153 Short-Term Business Credit Institutions, Except Agricultural
523910 Miscellaneous Intermediation
securities litigation

In re DVI, Inc. Securities Litigation
2010 WL 3522090 (E.D.Pa.)
September 3, 2010
US
Federal Court
Federal
United States District Court
Chad Coffman (plaintiffs); Kenneth Lehn (defendant)
Davis

Summary

Federal district court rejects expert’s “insolvency theory” of loss causation, finding that, even when securities fraud leads to a company to bankruptcy, plaintiffs must show causal link between the alleged loss and qualified corrective disclosures.

See Also

In re DVI, Inc. Securities Litigation

Federal district court rejects expert’s “insolvency theory” of loss causation, finding that even when securities fraud leads to a company to bankruptcy, plaintiffs must show causal link between the alleged loss and qualified corrective disclosures.