A Connecticut investment management firm is fighting to keep its $25 million fraud and breach-of-contract suit stemming from a high-profile Chancery Court appraisal case in Delaware, arguing that a proposed move to Illinois federal court would improperly deprive the firm of its chosen venue for litigation.

The suit, filed by Verition Partners Master Fund, accuses Chicago-based litigation services firm Coherent Economics of failing to disclose disparaging remarks that expert witness W. Bradford Cornell made about the firm’s appraisal claims in a suit over the fair value of AOL Inc. after it was acquired by telecommunications giant Verizon in a $4.4 billion deal in June 2015.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]