EVCI settles shareholder suit
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- August
- 6
EVCI Career Colleges Holding Corp. of Yonkers said yesterday that a federal court has approved the settlement of a shareholders’ class action lawsuit that dismisses all claims without any liability or wrongdoing attributed to the company.
The lawsuit was filed in December 2005. Attorneys for the shareholders said they settled for $7.73 million. EVCI said the settlement is being covered by its insurance carriers.
This entry was posted
on Monday, August 6th, 2007 at 6:31 pm by Jerry Gleeson.
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