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In re CP Ships Ltd. Sec. Litig., No. 08-16334

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By FindLaw Staff on August 13, 2009 5:04 PM

In an objector's appeal from the district court's final approval of the settlement of a securities fraud action, an order approving the settlement is affirmed where: 1) alleged activity in Tampa, Florida represented substantial acts in furtherance of the fraud which directly caused the claimed losses; and 2) the notice to the class adequately informed class members of the pending actions regarding the alleged fraud in Canada.

Read In re CP Ships Ltd. Sec. Litig., No. 08-16334

Appellate Information

Filed August 13, 2009

Judges

Opinion by Judge Anderson

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