Wondering why is AmBase Corp. (ABCP) stock running so hard? Read OPINION & ORDER at this link.
“…This opinion disposes of the calculation of damages owed to Plaintiffs. Taken into consideration in this opinion are damages trial testimony, deposition testimony, expert reports, exhibits, post-trial briefs, and closing arguments. For the reasons stated below, Plaintiffs are awarded lost value expectancy damages in the amount of $205,013,000 dollars, plus tax gross-up if applicable…”
100 Putnam Green 3rd Floor
Greenwich, CT 06830
AmBase Corporation, through its subsidiary, owns, operates, and manages a commercial office building in Greenwich, Connecticut. Its building covers an area of approximately 14,500 square feet. The company was incorporated in 1975 and is headquartered in Greenwich, Connecticut.
Today’s Form 8-K