LAWSUITS NEWS & LEGAL INFORMATION
Proposed $90 Million Settlement Reached in International Rectifier Class Action
This is a settlement for the Securities/Stock Fraud lawsuit.
Proposed $90 Million Settlement Reached in International Rectifier Class Action
A securities class action filed against International Rectifier Corp. in 2007 has been settled, with the company agreeing to pay $90 million to some shareholders.The company has proposed to pay the settlement with $45 million of its own funds, with the remainder covered by its insurance carriers.
JULY-31-09: International Rectifier to Settle Class Action Lawsuit [LA BUSINESS JOURNAL: INTERNATIONAL RECTIFIER SETTLEMENT]
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