$35M Securities Settlement Against Medical Supplier Gains Preliminary Approval

Mealey's (May 7, 2020, 1:51 PM EDT) -- BROOKLYN, N.Y. — A federal judge in New York on May 5 granted preliminary approval of a $35 million proposed settlement agreement between a lead plaintiff and a medical supplier and one of its executive officers in a securities class action lawsuit stemming from the defendants’ alleged collusive and anti-competitive actions, ruling that the proposed settlement has met the statutory requirements for approval (In re Henry Schein Inc. Securities Litigation, No. 18-1428, E.D. N.Y.)....