McDermott Judge U-Turns, Says Some Investors Deserve Cert.
By Bonnie Eslinger ( April 25, 2024, 10:41 PM EDT) -- A Texas federal magistrate judge reversed his recommendation that investors be denied class certification in litigation over McDermott International's $6 billion merger with Chicago Bridge & Iron, saying a former CB&I shareholder class "should be certified now" and a putative McDermott stock purchaser class be created for subsequent consideration....
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