Federal Magistrate Judge OKs $17.75 Million Settlement In Securities Dispute

( January 7, 2025, 12:00 PM EST) -- OAKLAND, Calif. — A federal magistrate judge in California issued an order granting final approval to a $17.75 million settlement in a case brought by investors who alleged that a company provided several misleading omissions and misrepresentations in a proxy registration statement to secure a merger with a special purpose acquisition company....