$81M Settlement In Wilbur Ross Merger Case Wins Initial OK

By Benjamin Horney (February 20, 2014, 6:50 PM EST) -- A South Carolina state judge on Wednesday preliminarily approved an $81 million settlement in a consolidated shareholder class action alleging billionaire financier Wilbur Ross and his company breached their fiduciary duty regarding a 2006 merger of two Ross-owned companies....

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