Online Video Game Maker Reaches $23M Settlement In Securities Class Action

Mealey's (August 10, 2015, 2:57 PM EDT) -- WASHINGTON, D.C. — Online video game maker Zynga Inc. will pay $23 million to settle claims that it and certain of its executive officers and directors violated federal securities laws by misrepresenting the company’s business and financial condition, according to an Aug. 7 regulatory filing with the Securities and Exchange Commission....