Credit Card Co. Investors Strike $11M Cash Deal Over IPO

By Reenat Sinay (January 2, 2019, 4:33 PM EST) -- CPI Card Group Inc. investors will receive $11 million in cash, according to a settlement proposed in New York federal court Monday, ending their claims that the payment technologies company oversold its chip-enabled financial card product ahead of its $172.5 million initial public offering....

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