Law360, New York (October 02, 2009) -- Montana Power Co. has agreed to pay $115 million to its former shareholders to settle a class action accusing the bankrupt company of securities violations in its asset transactions during its transition from an energy business to a telecommunications company in 2000.
During a joint status conference Friday in the U.S. District Court for the District of Montana, the parties revealed the terms of their settlement, which was reached on Aug. 5...
