Valuation of Company on Date of Fraud Required in Case Involving Stock Transfer

Business Valuation Update BVLaw
Legal and Court Case Update
July 7, 2004

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fraud
Totale, Inc. v. Donald C. Smith
No. 4D02-4801 (Fla. App. 4 Dist. 2004)
US
State Court
Florida
Court of Appeals
Drew M. Levitt, Isaac J. Mitrani, Lee D. Sarkin, Pamela Chamberlin, Robert B. Macaulay
Gross

Summary

The Florida Court of Appeal, 4th District, reversed a jury’s award in this fraud action involving the purchase of stock.

See Also

Totale, Inc. v. Donald C. Smith

Full Text of Court Cases
July 7, 2004

The Florida Court of Appeal, Fourth District reversed a jury’s award in this fraud action involving the purchase of stock. In doing so it noted that recovery under either the out-of-pocket measure or the benefit-of-the-bargain measure requires proof of th ...