Law360, New York (October 29, 2009) -- Direct mail marketing products company Advo Inc. and some of its directors and officers have reached a $12.5 million settlement in a securities class action alleging that they issued false and misleading information in relation to a new operating system and a merger with Valassis Communications Inc.
In a motion filed Wednesday in the U.S. District Court for the District of Connecticut, the plaintiffs asked for preliminary approval of the deal, which they said was in the...


