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Avenue Capital Can't Seal $6M MagnaChip Fraud Settlement

By Bonnie Eslinger (October 23, 2017, 4:44 PM EDT) -- A California federal judge Friday refused to grant preliminary approval to a $6.2 million deal between MagnaChip Corp.'s majority shareholder and the semiconductor products maker's common stock investors who sued for securities fraud, saying the settlement didn't include how much could be recovered at trial....

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