Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

Magnachip Settlement OK’d

A federal judge Monday gave final approval to a $23.5 million shareholder class action against Magnachip Semiconductor, for false and misleading statements that inflated the price of its stock during a secondary offering.

SAN FRANCISCO — A federal judge Monday gave final approval to a $23.5 million shareholder class action against Magnachip Semiconductor, for false and misleading statements that inflated the price of its stock during a secondary offering.

Categories / Securities

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...