Measure of Damages for Suspended Shelf Registration Determined

Business Valuation Update BVLaw
Legal and Court Case Update
June 1, 2001

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8051 Skilled Nursing Care Facilities
623110 Nursing Care Facilities (Skilled Nursing Facilities)
securities litigation
James W. Duncan, et al. v. TheraTX Incorporated
Del. Supr., 775 A.2d 1019 (2001)
US
State Court
Delaware
Supreme Court
Veasey

Summary

The Delaware Supreme Court concluded that the appropriate measure of damages for suspended shelf registration is the difference between the highest intermediate price of the shares during a reasonable time at the beginning of the restricted period.

See Also

James W. Duncan, et al. v. TheraTx Incorporated

Full Text of Court Cases
June 1, 2001

The Delaware Supreme Court concluded that the appropriate measure of damages for suspended shelf registration is the difference between the highest intermediate price of the shares during a reasonable time at the beginning of the restricted period, which ...