Measure of Damages for Suspended Shelf Registration Determined

Business Valuation Update BVLaw
Legal and Court Case Update
June 1, 2001
5561 Recreational Vehicle Dealers
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

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 ...