$30 Million McLeod USA Proposed Class Action Lawsuit Settlement Hearing Was Set
A hearing to consider a proposed $30 million settlement in class-action lawsuits against former executives of McLeod USA has been set by U.S. District Judge Mark Bennett.
Several lawsuits claim that officials with the Cedar Rapids-based telecommunications company, including founder Clark McLeod, misled shareholders about company performance and plans.
Filed under Class Action, General Law, Settlements
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