Shareholder Asks Court To Give Final Approval To Settlement Of Derivative Suit

NEW YORK - A shareholder told a New York federal court on Nov. 22 that the agreed-upon settlement of a shareholder derivative suit against a company's directors and officers provides a substantial benefit to the company and warrants final approval (Carl Braun v. Zhiguo Fu, et al., No. 11-cv-4383, S.D. N.Y.).

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