Settlement In Shareholder Derivative Suit Against Energy Company Gets Final OK

Mealey's (May 12, 2022, 1:56 PM EDT) -- PORTLAND, Ore. — A federal judge in Oregon on May 9 granted final approval of a settlement in a shareholder derivative lawsuit against executive officers, directors and board members of an energy company who are alleged to have breached their fiduciary duty and violated federal securities law by misrepresenting the company’s trading practices, ruling that an investor has met all necessary requirements for approval....

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