Judge Grants Final Approval Of $23M Securities Class Action Settlement

(February 26, 2016, 7:35 AM EST) -- SAN FRANCISCO — A federal judge in California on Feb. 11 granted final approval of a $23 million securities class action settlement, ruling that the settlement amount and attorney fees and litigation expenses sought are fair, adequate and reasonable (In re Zynga Inc. Securities Litigation, No. 12-4007, N.D. Calif.; 2015 U.S. Dist. LEXIS 145728).

(Order available. Document #57-160321-001R.)

U.S. Judge Jacqueline Scott Corley of the Northern District of California granted lead plaintiff David Fee’s motion for final approval of the settlement, as well as his motion...
To view the full article, register now.