Section 11 damages computation for direct listings
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...
This website will offer limited functionality in this browser. We only support the recent versions of major browsers like Chrome, Firefox, Safari, and Edge.
CRA has a broad range of experience in complex shareholder lawsuits and appraisal disputes involving life sciences and healthcare companies. CRA assists clients across all phases of the securities litigation process, including responding to pre-litigation SEC investigations, class certification, discovery, materiality, loss causation, damages, and settlement negotiations. CRA supports clients in disputes arising from mergers and acquisitions by providing industry expertise in evaluating claims regarding drug development and commercialization and other issues. Our experts provide valuation opinions related appraisal lawsuits brought by dissenter or minority shareholders, and estimated damages related to shareholder disputes for breach of contingent valuation rights agreements.
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...
In both the Delaware Court of Chancery and Grand Court of the Cayman Islands, Court-determined appraisals of “fair value” are a common remedy for shareholders...
Annabelle Fowler is a panelist during the session titled “Improving Sustainable Biomedical Innovation.” For more information on this event, click here.
Andrew Tepperman is a panelist during the session titled “Damages issues in IP and life science disputes.” For more information on this event, click here.