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Posts Tagged ‘Royal Bank of Canada’

13 October 2014

RBC to pay $75.8m damages for Warburg-related Rural/Metro buyout case

download (3) A Delaware judge has reportedly ordered the Royal Bank of Canada to pay $75.8m damages for not disclosing conflicts of interest in the buyout of ambulance operator Rural/Metro.

10 March 2014

US judge rules against RBC in Rural/Metro case

court 5_sq A US judge ruled that Royal Bank of Canada advised Rural/Metro Corp shareholders to agree to a buyout by private equity firm Warburg Pincus, which undervalued the business.

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