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$2M Fee Sought In Chancery For Steel Connect Derivative Suit

By Jeff Montgomery ( July 22, 2022, 4:43 PM EDT) -- A Steel Connect Inc. minority stockholder asked Delaware's Chancery Court on Wednesday to approve a settlement valued at up to $12 million for a derivative suit that challenged the company's insider-tilted, $476 million acquisition of IWCO Direct in late 2017, with a $2 million attorney fee proposed....

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