Buyer's Remorse Does Not Amount To Fraud
By Kluger, Kaplan, Silverman, Katzen & Levine, P.L. August 27, 2012
By Todd A. Levine We have recently seen a rash of cases involving private equity firms’ or public companies’ purchases of closely held companies prior to the recession. Unfortunately, many of the acquired businesses did not survive the recession and the buyers—seeking to recoup some or all of their investment—then …