Reversal of Fortune: $1.45 Billion Verdict Vacated for Lack of Fraud-Free Valuation
Court reverses $1.45 billion jury verdict based on lack of “fraud-free” valuation of securities.
Morgan Stanley & Co. Inc. v. Coleman (Parent) Holdings Inc.
Florida Court of Appeals reverses largest jury verdict to date for economic damages ($1.45 billion) for lack of "fraud-free" evidence related to claims that investment bank helped to fraudulently inflate the value of plaintiff's target acquisition (Sunbea ...
Bonnie L. Toth v. Julius Toth
The Ohio Court of Appeals, Ninth District, affirmed the court appointed appraiser’s valuation of a home appliance business. The court appointed appraiser and the wife’s expert determined that the 1998 financials were unreliable. The court appointed expert ...