$166M Securities Class Action Settlement Against Wal-Mart Gains Final Approval

Mealey's (April 9, 2019, 1:39 PM EDT) -- FAYETTEVILLE, Ark. — A federal judge in Arkansas on April 8 granted final approval of a $166 million settlement in a securities class action brought against Wal-Mart Inc. and its CEO and dismissed all claims against the defendants with prejudice (City of Pontiac General Employees Retirement System v. Wal-Mart Stores Inc., et al., No. 12-5162, W.D. Ark., 2019 U.S. Dist. LEXIS 60281)....