Lost Profits Calculated by Subtracting Actual From Projected Earnings

Business Valuation Update BVLaw
Legal and Court Case Update
October 23, 1998
6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
breach of fiduciary duty

Home Security of America, Inc. v. Karl R. Wellman, et al.
No. 97-1910 (WI App. 1998), unpublished
US
State Court
Wisconsin
Court of Appeals
Dirk Nohre <br>
Eich

Summary

The Wisconsin Court of Appeals affirmed a jury's determination of lost profits due from a corporate officer's breach of fiduciary duty by establishing a competing errors and ommissions insurance business.

See Also

Home Security of America, Inc. v. Karl R. Wellman, et al.

The Wisconsin Court of Appeals affirmed a jury's determination of lost profits due from a corporate officer's breach of fiduciary duty by establishing a competing errors and ommissions insurance business. The lost profits were established by expert testi ...