TSR, Inc. Announces Final Court Order Approving Settlement in the Stockholder Derivative Action
Retrieved on:
Wednesday, May 26, 2021
715541/2018, filed by Susan Paskowitz, a stockholder of the Company, on October 16, 2018 (the Stockholder Action).
Key Points:
- 715541/2018, filed by Susan Paskowitz, a stockholder of the Company, on October 16, 2018 (the Stockholder Action).
- On December 16, 2019, the Company entered into a Stipulation and Agreement of Settlement with Susan Paskowitz providing for the settlement of the Stockholder Action (the Stipulation).
- On May 21, 2020, the Court entered an order preliminarily approving the settlement.
- Pursuant to the terms of the final order, the Court fully and finally approved the settlement set forth in the Stipulation and dismissed the Stockholder Action with prejudice.