Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
As previously disclosed, Autoliv, Inc., two of its officers and one of its employees are defendants in a purported class action securities lawsuit filed by the Construction Laborers Pension Trust of Greater St. Louis (“Plaintiff”) on April 17, 2013 in the United States District Court for the Southern District of New York.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
The lawsuit alleges that Autoliv misrepresented or failed to disclose that antitrust violations by Autoliv artificially inflated Autoliv’s earnings and stock price in violation of the federal securities laws. Plaintiff seeks to recover an unspecified amount of damages on behalf of the alleged class of purchasers who bought Autoliv common stock between October 26, 2010 and July 21, 2011.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
Autoliv has entered into a memorandum of understanding with Plaintiff reflecting an agreement in principle to settle the lawsuit and the claims of the alleged class for a payment of $22.5 million. Autoliv expects to record a net expense of approximately $4.5 million in its second quarter results. The balance of the settlement amount will be paid by Autoliv’s insurance carrier.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
The proposed agreement is not an admission of wrongdoing or acceptance of fault by Autoliv or any of the individuals named in the complaint. The defendants are settling to eliminate the uncertainties, risk, distraction and expense associated with protracted litigation.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
The proposed agreement is subject to negotiation and execution of a final settlement agreement among the parties and final approval by the court following notice to the settlement class and a fairness hearing.
Autoliv, Inc. has entered into a memorandum of understanding regarding the settlement of its pending US class action securities lawsuit.As previously #
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