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Email On October 10, 2014, Vice Chancellor Travis Laster ruled that RBC Capital was liable to the former stockholders of Rural/Metro Corporation for $75.8 million – representing 83% of the total damages – for aiding and abetting breaches of the duty of care by Rural/Metro’s board in connection with the 2011 sale of the company to Warburg Pincus. The decision puts a chilling exclamation point on the continuing scrutiny by Delaware courts of conflicted sell-side advisers. https://www.cadwalader.com/resources/clients-friends-memos/ma-update-chancery-court-orders-financial-advisor-to-pay-millions-in-damages-for-aiding-and-abetting-breach-of-fiduciary-duty