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In Re: HARMAN INTERNATIONAL INDUSTRIES, INC. SECURITIES LITIGATION
Case Number:
1:07-cv-01757
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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May 12, 2017
Harman's $28.3M Deal Gets Initial OK In Stock Drop Suit
A D.C. federal court on Thursday granted preliminary approval to Harman International Industries Inc.'s $28.25 million settlement that would resolve a decadelong shareholder suit alleging the automotive technology company inflated its stock price ahead of an ultimately failed private equity merger.
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April 19, 2017
Harman Int'l Settles Stock Drop Saga For $28.3M
Harman International Industries Inc. agreed Wednesday to pay $28.25 million to settle shareholder allegations that the automotive technology company inflated its stock price ahead of an ultimately failed private equity merger, putting an end to the litigation after nearly a decade.
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January 17, 2014
Electronics Co. Dodges Suit Over Failed $8B Merger
A Washington, D.C., federal judge on Friday tossed a securities fraud class action in which shareholders accused Harman International Industries Inc. executives of propping up the company's stock price during a planned $8 billion merger, ruling they had failed to state a claim.