Posts Tagged ‘shareholder class action’
AWB class action settlement
Australian wheat exporter AWB Ltd. has agreed to pay A$39.5 million ($35.1 million) to settle a securities fraud class action against it brought by shareholders complaining of misrepresentations related to bribes and kickbacks AWB paid to Iraq under Saddam Hussein, according to reports. The settlement does not require AWB to admit liability, but like all [...]