Shareholders Ask Court To Preliminarily Approve Settlement Of Derivative Suit

Shareholders Ask Court To Preliminarily Approve Settlement Of Derivative Suit

SAN JOSE, Calif. - A group of shareholders told a California federal court on June 28 that a settlement of a shareholder derivative lawsuit with a company's directors and officers is of substantial benefit to the company (In re Finisar Corp. Derivative Litigation, No. 06-cv-07660, N.D. Calif.).

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