Judge Gives Preliminary Approval To $15.75M Settlement Of Shareholder Suit

SAN JOSE, Calif. - A federal judge in California on Aug. 15 granted preliminary approval of a $15.75 million settlement between shareholders and certain of a company's directors and officers in a shareholder derivative lawsuit (In re Finisar Corp. Derivative Litigation, No. 06-cv-07660, N.D. Calif.).

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