Lack of Punitive Damages Reversed

Business Valuation Update BVLaw
Legal and Court Case Update
June 21, 2002

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breach of fiduciary duty
John G. Mortellite v. American Tower, L.P.
No. 2D00-5387 (Fla. App. 2 Dist. 2002)
US
State Court
Florida
Court of Appeals
Covington

Summary

The Florida Court of Appeals, 2nd Appellate District, considered an award for fraudulent inducement to sell stock.

See Also

John G. Mortellite v. American Tower, L.P.

Full Text of Court Cases
June 21, 2002

The Florida Court of Appeals, Second Appellate District considered an award for fraudulent inducement to sell stock. The Second Appellate Court reversed the lower court’s award because it was not based on the company’s buy-sell agreement, but rather on an ...