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Audra Boone, Brian Broughman, Albert Choi, Jesse Fried, Mira Ganor, Antonio Macias & Noah Stoffman, Brief of Amici Curiae Professors in Support of Appellant and Reversal, Verition Partners Master Fund, Ltd. v. Aruba Networks, Inc., No. 368-2018, 2019 Del. LEXIS 197.

Abstract: This amicus brief, filed with the Delaware Supreme Court in Verition Partners v. Aruba Networks, addresses two topics: (i) application of the efficient market hypothesis in appraisal litigation and (ii) empirical scholarship regarding the effect of Delaware appraisal decisions and amendments to 8 Del. C. § 262 on premia in public M&A transactions.