Bankrupt Satellite Radio Co. To Pay $2.4M To Settle Fraud Suit
By Matt Chiappardi ( May 2, 2013, 9:23 PM EDT) -- The lead plaintiff in a six-year-old securities fraud class action against bankrupt satellite radio operator WorldSpace Inc asked a federal judge in New York on Thursday to approve a $2.4 million settlement of claims that the radio operator inflated its stock price by artificially pumping up its subscriber base. ...
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