Tuesday, May 15, 2007

Tyco to settle Kozlowski-era class action cases

(Reuters) - Tyco, which plans to split into three companies in coming weeks, said it would pay $2.975 billion in the near term into a fund for plaintiffs in 32 class-action lawsuits.

The deal, one of the largest class action settlements ever by a single company, still requires court approval.


Read more at Reuters.com Government Filings News

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