Shareholders Ask For Preliminary Approval Of Settlement Of Derivative Suit

Shareholders Ask For Preliminary Approval Of Settlement Of Derivative Suit

SAN FRANCISCO - A group of shareholders asked a California federal court on July 22 to preliminarily approve a settlement with directors and officers of a company agreeing to implement certain corporate governance changes (Ian Cassiman, Derivatively on Behalf of OCZ Technology Group Inc. v. Ryan Petersen, et al., No. 12-cv-05556, C.D. Calif.).

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