$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.

Link [www.kcci.com/money/9895491/detail.html?rss=des&psp=news]

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