Omni Investors Settle Lowball Claims From $122M Sale
By Lana Birbrair ( November 22, 2011, 4:29 PM EST) -- A putative class of Omni Energy Services Corp. shareholders settled with the company Monday in Louisiana in a suit criticizing the valuation of Omni's $122 million sale to Wellspring Capital Management LLC and accusing executives of issuing misleading proxy statements....
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