Federal Judge Approves $5 Million Settlement With Shareholders Of Tech Company

(December 15, 2023, 9:54 AM EST) -- DALLAS — A federal judge in Texas granted final approval of the settlement of a class action complaint brought by a group of shareholders who said a business process automation company formed after the merger of two companies made false statements about the company’s finances in the wake of the merger; as part of the settlement, the company agreed to pay $5 million to be distributed among members of the settlement class....