Increase in Stock Price Is Foreseeable When Calculating Damages for Stock Options

Business Valuation Update BVLaw
Legal and Court Case Update
October 15, 2003
contract
calculating damages, damages, breach of contract, stock options

Karl J. Reeb v. Airtouch Communications, Inc.
No. B155737 (Cal. App. 2 Dist. 2003), Unpublished
US
State Court
California
Court of Appeals
Munoz

Summary

The California Court of Appeal, 2nd Appellate District, determined the increase in a stock’s market price occasioned by a corporate merger was reasonably foreseeable for the purpose of calculating damages in a breach of contract action.

See Also

Karl J. Reeb v. Airtouch Communications, Inc.

The California Court of Appeal, 2nd Appellate District, determined the increase in a stock’s market price occasioned by a corporate merger was reasonably foreseeable for the purpose of calculating damages in a breach of contract action.