Three Specific Elements for Goodwill Impairment Claims

Business Valuation UpdateVol. 16 No. 4
Legal and Court Case Update
April 2010
4812 Radiotelephone Communications
517312 Wireless Telecommunications Carriers (except Satellite)
securities litigation

City of Sterling Heights Police & Fire Retirement System v. Vodafone Group Public Limited Co.
2010 WL 309009 (S.D.N.Y.)
January 22, 2010
US
Federal Court
Federal
United States District Court
Castel

Summary

Federal court dismisses class action complaint in securities fraud litigation for lack of specific allegations regarding the failure to recognize and report material impairment to goodwill values.

See Also

City of Sterling Heights Police & Fire Retirement System v. Vodafone Group Public Limited Co.

Federal court dismisses class action complaint in securities fraud litigation for lack of specific allegations regarding the failure to recognize and report material impairment to goodwill values.