Final Settlement OK’d In Securities Suit Based On Energy Company’s Alleged Bribes

(September 14, 2023, 3:01 PM EDT) -- CHICAGO — A federal judge in Illinois granted final approval to a $173 million class action settlement in a case in which shareholders accused an energy company of causing share prices to fall by bribing Illinois lawmakers to enact legislation favorable to the company and approved a plan of allocation for the proceeds of the settlement and awarded attorney fees to the lead plaintiff’s counsel....

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