Case Study
Sellers want earnout, buyers claim they overpaid
Sellers want earnout, buyers claim they overpaid THE SITUATION Buyer’s remorse A multibillion-dollar public company in the global financial services industry acquired a small software company. Soon after the sale, the seller believed it was entitled to an earn-out payment and sued the buyer for approximately $10 million. The buyer saw things differently — not only did the software company fail to hit its earn-out requirements, it also had