RBC Abetted Fiduciary Breach in Sale of Ambulance Company, Laster Finds

, Delaware Business Court Insider

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The Delaware Court of Chancery has found that financial adviser RBC Capital Markets LLC aided and abetted a breach of fiduciary duties by directors of a for-profit ambulance service provider when it was sold to Warburg Pincus LLC for $438 million in 2011.

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