Judge Gives Initial Nod To $18M Settlement In AMC Securities Class Action

Mealey's (November 10, 2021, 1:20 PM EST) -- NEW YORK — A federal judge in New York on Nov. 8 granted preliminary approval of a proposed $18 million securities class action settlement against movie theater chain operator AMC Entertainment Holdings Inc., certain of its senior executives and board members and underwriters of its secondary public offering, ruling that the proposed settlement has preliminarily met the statutory requirements for approval....