Mon.Jul 26, 2021

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Honored to Receive Prestigious NACVA Award at National Conference

Merrimack Business Appraisers

At the National Association of Certified Valuators and Analysts (NACVA) Conference in June, Lou Pereira received the Massachusetts State Chapter President Leadership Award. “Being recognized in this way is a tremendous honor for me,” Lou observed, “adding that the success of the Massachusetts State Chapter is due to the efforts of the entire board who […].

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Volkswagen Clawback

Essentials of Corporate Finance

Volkswagen's Dieselgate scandal has been ongoing for the past five years. Recently, former CEO Martin Winterkorn has agreed to pay the company €11.2 million ($13.7 million) in a clawback. Although Winterkorn was not found to be responsible for the development of the defeat device, he was in a meeting when the defeat device was discussed. In his role as CEO, he breached his duties by not investigating the defeat device and its possible use.

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