US - Arkansas Teacher Retirement System and Bernstein Litowitz Berger & Grossmann (BLB&G) have settled a US$28.5m securities class action lawsuit against PharmaNet Development Group.
Under the settlement agreement, the class will be paid $28.5m, of which $24.5m will be in cash and $4m may be either in cash or in stock. The settlement requires contributions from a number of di...
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