VALUATION NEWS
Court rules partner’s shares in firm worth $15k, and not $9 million
Two businessmen started a company making aircraft engine parts but fell out and agreed to go their separate ways, with the majority shareholder buying out the minority shareholder. But there was a gulf of millions of dollars between how much each felt the shares were worth.
Family Business valued at $400 million using one methodology and $1.2 billion using another
Eight years ago, businessman Thio Keng Poon, founder of Malaysia Dairy Industries (MDI) - the company behind the Marigold and Vitagen brands - sued his wife and six children for ousting him from four family companies.
SEC’s White Warns Silicon Valley on Valuations
The chairman of the Securities and Exchange Commission fired a warning shot at Silicon Valley, cautioning the tech community against playing fast and loose with valuations and urging it to channel more information to investors devouring its latest innovations such as online loans
Investment Advisor Settles Charges Related to Expense Misallocation and Valuation Review Failures
The Securities and Exchange Commission announced today that Fifth Street Management LLC, formerly an SEC-registered investment adviser based in Greenwich, Connecticut, has agreed to settle charges relating to the misallocation of certain expenses to its business development company clients and failing to reasonably conduct the quality control reviews of its business development company clients' quarterly valuation models, causing one client to materially overstate its net income.