Preliminary Approval Of $44M Settlement Sought In Securities Class Action Lawsuit

(February 17, 2022, 3:24 PM EST) -- NEW YORK — Shareholders in a securities class action against a global engineering, procurement and construction company and certain of its current and former senior executives over their alleged concealment of losses to the company’s nuclear business asked a federal judge in New York to preliminarily approve the parties’ proposed $44 million settlement, arguing that the settlement meets all statutory requirements for approval....