$1.5 Million Class Action Lawsuit Settlement by Florida East Coast Industries
Florida East Coast Industries Inc. announced that it will pay $1.5 million for a consolidated class action lawsuit settlement which is subject to court approval.
The class action related to the proposed merger with an affiliate of fund manager Fortress Investment Group LLC.
The settlement of the class action will not affect the amount of the special dividend or the merger consideration to be paid in the merger, the company said in a filing with U.S. Securities and Exchange Commission.
Filed under Class Action, General Law, Settlements
You may also like to read
- Securities Class Action Lawsuit Filed Against Coast Financial Holdings, Inc.
- Class Action Lawsuit for Benzene in Soft Drinks
- Florida Court Dismissed Orkin Class Action Lawsuit
- A $198 Million Class Action Lawsuit Settlement to Ivory Coast by Trafigura
- Three Title Insurers Will Pay Upto $2.5 Million in Florida Class Action Settlement
- $200 Million Class Action Lawsuit by College Students
- Court Approves DHB Industries Securities Class Action Lawsuit Settlement
- Concord Camera Corp. in Class Action Lawsuit
- Federal court settles Oriented Strand Board class action lawsuit
- Florida law reduces driving deaths among aged people
