Mealey's (December 3, 2021, 2:39 PM EST) -- LOS ANGELES — Preliminary approval of a $98 million settlement in a securities class action lawsuit against toy maker Mattel Inc., certain of its current and former senior executives and others who investors alleged materially misrepresented the company’s business and financial condition is warranted because the proposed settlement meets the necessary statutory requirements for approval, lead plaintiffs argue in a Nov. 24 motion filed in California federal court....