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In re Rural Metro Corp. Stockholders Litigation

Financial advisor aided and abetted directors’ breach of fiduciary duty by causing ill-timed, below-fair-value sale of the company based on manipulated valuation analysis, including false and material information related to precedent transaction analyses.

Icare-EMS, Inc. v. Rural Metro Corp.

Court admits expert’s calculations of lost profits under the cost method, finding the method not “optimal” but nevertheless reliable under the Daubert standard given the start-up nature of the business.

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