Inclusion of Inflated Purchase Price Does Not Doom Damages Calculation

Business Valuation UpdateVol. 19 No. 3
Legal and Court Case Update
March 2013

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4812 Radiotelephone Communications
517312 Wireless Telecommunications Carriers (except Satellite)
securities litigation
economic damages & lost profits, event study
In re Novatel Wireless Securities Litigation
2012 U.S. Dist. LEXIS 181198
December 14, 2012
US
Federal Court
California
United States District Court
Bjorn Steinholt (plaintiffs); Dr. David Tabak (defendants)
Battaglia

Summary

District court finds expert’s damages calculation in securities case is not unreliable simply because it incorporates inflated purchase; expert also performed an event study and regression analysis to assess the effect of misrepresentation on inflated pri ...

See Also

In re Novatel Wireless Securities Litigation

Full Text of Court Cases
December 14, 2012

District court finds expert’s damages calculation in securities case is not unreliable simply because it incorporates inflated purchase; expert also performed an event study and regression analysis to assess the effect of misrepresentation on inflated pri ...

This article also appears in:
Business Valuation UpdateVol. 19 No. 3
The Comprehensive Guide to Economic Damages, Seventh Edition