Harman's $28.3M Deal Gets Initial OK In Stock Drop Suit

By Cara Mannion ( May 12, 2017, 2:05 PM EDT) -- A D.C. federal court on Thursday granted preliminary approval to Harman International Industries Inc.'s $28.25 million settlement that would resolve a decadelong shareholder suit alleging the automotive technology company inflated its stock price ahead of an ultimately failed private equity merger....

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