Nonpublic information considered in valuing securities
$225.00
Description
Abstract: In one recent case, a district court held that it was reasonable for a jury to conclude that material nonpublic information possessed by the defendants affected the fair market value of certain securities. The case is significant because it seems to offer a novel interpretation of the phrase “reasonable knowledge of relevant facts” in the definition of fair market value. The decision suggests that even nonpublic information can be a “relevant fact.”
Additional information
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Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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