Chancery OKs $2M Settlement For Louisville Bedding Class

Published: 11/01/2019
Chancery OKs $2M Settlement For Louisville Bedding Class
Source: WWW.LAW360.COM

A Louisville Bedding Co. shareholder class won Chancery Court approval Friday for a $2.1 million settlement of claims that a management-led group took remnants of the business private for an unfair price after first amassing millions in cash through the sale of most company assets.

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