$7.2M Deal Made in TCP Investor Suit Over False Product Info

By Kat Sieniuc

Law360, New York (April 12, 2017, 5:08 PM EDT) — Investors in lighting manufacturer TCP International Holdings told an Ohio federal judge on Wednesday they’ve reached a $7.2 million class action settlement resolving a two-year-long securities dispute over allegations the company made false statements about certain products it sent to market as meeting Energy Star standards, among other Securities Act violations.

Source: www.law360.com www.law360.com

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