Judge Grants Preliminary Approval Of $3.2M Securities Class Action Settlement

Mealey's (November 9, 2015, 1:55 PM EST) -- DENVER — A federal judge in Colorado on Nov. 3 granted preliminary approval of a $3.2 million settlement in a securities class action lawsuit, ruling that the settlement meets all statutory requirements for approval (Patipan Nakkhumpun v. Daniel J. Taylor, No. 12-1038, D. Colo.; 2015 U.S. Dist. LEXIS 149850).

(Order available. Document #57-151116-017R.)

Under the terms of the settlement, which is subject to final approval, the settlement class, which consists of all purchasers of Delta Petroleum Corp. common stock from March 11, 2010, to Nov. 9,...
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