Judge OKs $10.2M Settlement In Oilsands Investor Suit
Under the deal approved by U.S. District Judge Jed S. Rakoff, lead lawyers for investors at Scott & Scott LLP will get $2.8 million in fees. Former Oilsands Quest consultant McDaniels & Associates Consultants, another defendant, will contribute $35,000 to the settlement.
Investors claimed in the lawsuit that Alberta, Canada-based Oilsands Quest overstated the...
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