Howard Jonas' Son To Settle For $12.5M In Del. Telecomm Suit

By Jeff Montgomery (August 12, 2022, 5:57 PM EDT) -- The son of billionaire businessman Howard Jonas has agreed to settle for $12.5 million his liability in a Delaware class suit alleging an unfair sale of Straight Path Communications in 2017 after parent IDT Corp. stuck the company with federal penalties and losses topping $1 billion....

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