Loss In Value
A minority investor in a visual effects and animation company claimed he was fraudulently induced to sell his interest for an amount less than its actual value as defined by statue. Bruce L. Ross & Company was engaged to estimate the investor's losses. The Bruce L. Ross & Company determined the applicability of minority and marketability discounts and the standard of value, reviewed the company’s expert's valuation reports and calculated the investor's losses. At trial, the jury awarded damages consistent with Mr. Ross’s testimony.