Kaan Ekiner and Mark Felger, writing in the Delaware Business Court Insider, discuss a recent Delaware Court of Chancery decision addressing several issues that often arise in motion practice at the pleading stage of cases involving allegations of M&A fraud based on near-term financial projections. The decision provides a practical illustration of how the Court of Chancery tests the sufficiency of fraud allegations concerning near-term financial projections, and the impact of contractual exculpatory provisions on those claims.
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