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Chancery Tentatively OKs $15.5M Lordstown SPAC Suit Deal

By Jeff Montgomery (June 25, 2024, 8:18 PM EDT) -- A $15.5 million class settlement for a stockholder suit that challenged the special-purpose acquisition company deal that took Lordstown Motors Inc. public won tentative Delaware Court of Chancery approval Tuesday, conditioned on confirmation of one expense claim....

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