Cardea, a wealth management firm valued at $175 million by the SEC last year, argued that the trial court had deprived it of its due process rights when it ruled on the issue before the company responded to the plaintiff's demand.
March 04, 2024 at 03:13 PM
4 minute read
The Georgia Court of Appeals unanimously vacated a trial court order allowing a former shareholder of Cardea Corporate Holdings to inspect the company’s books on its dime on March 1.
In its appeal, Cardea, a wealth management firm valued at $175 million by the SEC last year, argued that the trial court had deprived it of its due process rights when it ruled on the issue before the company responded to the plaintiff-appellee’s demand.
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