New Cases Added to Our 2019 Fairness Compendium

Case #1: Verition Partners Master Fund Ltd. v. Aruba Networks, Inc. (April 2019) THE SUPREME COURT OF DELAWARE REJECTED THE CHANCERY COURT’S DEPENDENCE ON THE 30-DAY AVERAGE UNAFFECTED STOCK PRICE IN DETERMINING FAIR VALUE AND ENDORSED DEAL-PRICE-MINUS-SYNERGIES AS THE FOUNDATIONAL METHOD IN DETERMINING FAIR VALUE OF ARUBA’S STOCK. ------- A…
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Value this! Hot Topics in Valuation for RIAs

Did you miss our 60 - minute webinar this week on Hot Topics in Valuation for RIAs? Key topics discussed: Overview of the SEC's valuation requirements The SEC's recent deep dive into RIA's valuation methodology and actual practices Urgent valuation implications in connection with the SEC's new liquidity rule Recent…
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Funds, Directors & Fiduciaries – YES, Valuation Matters!

Funds, Directors & Fiduciaries – YES, Valuation Matters! The Securities and Exchange Commission recently settled charges against AlphaBridge Capital Management, which was alleged to have fraudulently inflated the prices of securities in hedge fund portfolios it managed. The SEC investigation found that AlphaBridge told investors and its auditor that it…
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