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Higher One Shareholders Seek Final OK On $7.5M Settlement

Law360 (June 13, 2018, 8:21 PM EDT) -- A class of Higher One Holdings Inc. investors on Tuesday asked a Connecticut federal judge to approve a $7.5 million deal with the company and its former board members, settling allegations the higher education financial services provider misled the investors following a run-in with federal regulators.

In a memorandum supporting the bid for approval, the investors said Higher One and other defendants deny "any and all liability" for alleged federal securities law violations. They also said they've received 5,530 settlement claims to date, noting that the...
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Case Information

Case Title

Perez v. Higher One Holdings, Inc. et al


Case Number

3:14-cv-00755

Court

Connecticut

Nature of Suit

Securities/Commodities

Judge

Alvin W. Thompson

Date Filed

May 27, 2014

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