Law360, New York (October 23, 2014, 10:29 AM EDT) -- On Oct. 10, 2014, the Delaware Court of Chancery issued a decision awarding nearly $76 million in damages against a seller's financial adviser. In an earlier March 7, 2014, opinion in the case, In re Rural/Metro Corp. Stockholders Litigation, Vice Chancellor J. Travis Laster found RBC Capital Markets LLC liable for aiding and abetting the board's breach of fiduciary duty in connection with Rural's 2011 sale to private equity firm Warburg Pincus for $17.25 a share, a premium of 37 percent over the pre-announcement market price. The recent decision reinforces lessons from the March 7 decision and provides new guidance for directors and their advisers in merger and acquisition transactions and related litigation....