Hedge Fund Offered Pittance In Tripath Settlement
Langley Partners LP stands to receive $40,000 as well as shares worth $357,750 under a stipulation-and-settlement agreement with the fabless semiconductor company, Tripath said on Monday.
Langley alleged it was duped by Tripath’s alleged false representations and omissions of information about the company’s financial health.
The suit, which targeted the...
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