Questcor Pays $38M To Settle Securities Class Action
The deal comes after hard-fought litigation, and on the heels of U.S. District Judge Dolly Gee's decision to grant class certification in November. In the deal, Questcor maintains it did not commit any wrongdoing, but said it wished to avoid complex and prolonged litigation.
The suit, led by Plumbers and Pipefitters National Pension Fund and...
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