Groupon Settles Derivative Suit Over 2011 IPO
By Jessica Corso ( February 23, 2016, 3:08 PM EST) -- Groupon Inc. announced in Illinois federal court Tuesday that it has reached an agreement to end a derivative suit brought by shareholders who say the board of directors' failure to correct accounting mistakes prior to a $658 million IPO in 2011 dealt a "huge blow" to the company....
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