Nearly $174M In Settlements In Securities Class Action Receive Final Approval

Mealey's (February 14, 2019, 12:51 PM EST) -- HOUSTON — A federal judge in Texas on Feb. 13 granted final approval of three settlements totaling nearly $174 million in a securities class action lawsuit against energy company Cobalt International Energy Inc., several of its senior executives and directors, underwriters of its stock offerings and debtor affiliates (In re Cobalt International Energy Inc. Securities Litigation, No. 14-3428, S.D. Texas)....