Court Says RBC Aided Board's Breach of Fiduciary Duty

, The American Lawyer


The Delaware Court of Chancery has ruled that RBC Capital Markets is liable for aiding and abetting a breach of fiduciary duty by ambulance operator Rural/Metro's board of directors as a result of its role as the company's financial adviser in connection with its acquisition by Warburg Pincus.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Continue to Lexis Advance®

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at

What's being said

  • not available

    Breach of fiduciary duty and betrayal of clients is all too common,
    my two websites tell the story of what Goldman Sachs did to my mother and what ensued and how Goldman Sachs has covered up to date and how the personal representative Neuberger Berman is now in effect continuing the coverup by for example using a Goldman Sachs law firm Proskauer Rose.
    my websites can be googled with the following search terms
    Elder abuse crimes of Goldman Sachs
    or Neuberger Berman Elder Abuse
    my email

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202646490085

Thank you!

This article's comments will be reviewed.