Judge Grants Final Approval In BorgWarner Asbestos Liabilities Securities Case

Mealey's (November 18, 2022, 10:15 AM EST) -- DETROIT — A federal judge granted final approval to a settlement under which BorgWarner Inc. will implement “significant” amendments to internal procedures in exchange for resolving shareholder claims stemming from the company’s reporting of asbestos liabilities and handling of stock repurchases and allegations of insider trading....