Bankers Not Liable For Board Actions, Del. Justices Told

By Maya Rajamani (October 1, 2015, 6:12 PM EDT) -- An attorney for RBC Capital Markets fighting a $76 million award to a class of former Rural/Metro Corp. shareholders over a private equity buyout told the Delaware Supreme Court on Wednesday that the award should not stand, saying investment bankers should not be expected to monitor the activity of corporate directors....

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