June 07, 2022
A Georgia federal judge approved a $15.7 million class action settlement for investors in Acuity Brands Inc. and awarded 25% of that amount in attorney fees plus a little over $1 million in litigation costs in three separate orders Tuesday.
December 03, 2021
A certified class of investors in a lighting business has asked for initial approval of a $15.7 million settlement to end its allegations that Acuity Brands Inc. and its top brass artificially inflated stock prices by hiding poor business performance.
August 27, 2020
Disgruntled shareholders of an Atlanta lighting business are moving forward as a certified class with their allegation the company and its top brass artificially inflated stock prices by hiding poor performance.