United States:
District Court Gives Preliminary Approval To Settlement In King & Prince Seafood Corporation Stock-Drop Litigation
23 April 2012
Dickinson Wright PLLC
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On April 4th, the United States District Court for the Southern
District of Georgia gave preliminary approval to a settlement in a class action brought by
participants in the King & Prince Seafood Corporation Employee
Stock Ownership Plan. The participants alleged they were deprived
of benefits on account of changes made to the plan's
distribution policies.
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