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  • Judge Grants Preliminary Approval Of $145M Settlement In Securities Class Action

12/07/2011 10:55:30 AM EST

Judge Grants Preliminary Approval Of $145M Settlement In Securities Class Action

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LexisNexis® Mealey's™ Emerging Securities Litigation Legal News

PHOENIX - A federal judge in Arizona on Nov. 29 preliminarily approved a $145 million settlement between shareholders and Apollo Group Inc. and certain of its executive officers to end the long-running securities class action lawsuit (In re Apollo Group, Inc. Securities Litigation, No. 04-2147, D. Ariz.; See March 2011, Page 10). Full story on lexis.com