Preliminary Approval Of $73M Settlement In Nielsen Stock-Drop Suit Sought

Mealey's (March 17, 2022, 1:32 PM EDT) -- NEW YORK — Preliminary approval of a $73 million settlement in a securities class action alleging that data analytics company Nielsen Holdings PLC and certain of its current and former executive officers issued misrepresentations overstating the strength of the company’s business segments is warranted because the proposed settlement is fair, reasonable and adequate and meets all statutory requirements for approval, shareholders argue in a March 15 motion filed in New York federal court....