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Platinum Energy To Pay $1.7M To End Merger Class Action

By Vince Sullivan ( August 30, 2016, 7:31 PM EDT) -- A $1. 7 million settlement of a shareholder class action challenging the 2011 acquisition of Platinum Energy Resources Inc. by Pacific International Group Holdings LLC received approval Tuesday by a Delaware chancery court judge, who also approved the payment of legal fees and expenses from the settlement fund. . . .

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