Mark E. Felger, left, and Kaan Ekiner, right, of Cozen O'Connor. Courtesy photos Chancery Court Sustains M&A Fraud Claims Based on Near-Term Financial Projections
In recent years, litigation over financial projections has increased in frequency. These claims, sometimes involving allegations of fraud, are typically decided by the Delaware Court of Chancery or the Delaware Superior Court's Complex Commercial Litigation Division.
February 01, 2023 at 09:01 AM
7 minute read
Contributors
In recent years, litigation over financial projections has increased in frequency. These claims, sometimes involving allegations of fraud, are typically decided by the Delaware Court of Chancery or the Delaware Superior Court's Complex Commercial Litigation Division. In In re P3 Health Group Holdings, C.A. No. 2021-0518-JTL (Del. Ch. Oct. 28, 2022), Vice Chancellor J. Travis Laster issued an opinion that addresses several issues that often arise in motion practice at the pleading stage in such cases.
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