Massachusetts Appeals Court January 15, 2003, No. 00-P-1004 (Reisman v. KPMG Peat Marwick LLP)

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United States · · · 15-01-2003

Lenk, J.

Soon after selling their interest in Vamet Software Corporation, a family business, for shares of stock in Marcam Corporation (Marcam), a publicly traded company, the Reismans2 saw the value of their investment take a steady and precipitous plunge. When able to do so, they sold their Marcam stock at a much reduced price.

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