Misrepresentation
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Representations and the limits of deceit in M&A transactions
The judgment sends a powerful message about the limits of deceit in heavily negotiated M&A transactions and the high threshold for these types of claims.
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ASIC roundup: A$1.2m penalty for misrepresentation, and overcharging customer
The Australian Securities & Investments Commission’s latest actions and news, September 5 – 8, 2023.
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Private equity firm fined $20.5m by SEC for disclosure failures
The SEC charged the private equity firm for failing to adequately disclose millions of dollars of real estate brokerage fees that were paid to a real estate brokerage firm owned by its CEO.