If You Purchased Or Otherwise Acquired The Common Stock Of MoneyGram International, Inc. (“MoneyGram”) Between January 24, 2007 And March 25, 2008, Inclusive (the “Class Period”), You May Be A Member Of The Class In A Class Action Lawsuit And Entitled To Share In A $80,000,000 Settlement.
On March 10, 2010, the U.S. District Court for the District of Minnesota preliminarily approved a settlement in a class action lawsuit (In re MoneyGram International, Inc. Securities Litigation, Consolidated, Case No. 08-883-DSD) between Lead Plaintiff, Oklahoma Teachers’ Retirement System (“OTRS” or “Lead Plaintiff”), on behalf of itself and the Class, and Defendant MoneyGram International, Inc. (“MoneyGram”) and other individual defendants, according to the MoneyGram class action settlement notice.
The MoneyGram International securities class action settlement reportedly involves a settlement fund of $80 million in cash plus any interest earned and resolves class action claims alleging that defendants violated the federal securities laws.
For more information on the MoneyGram securities class action lawsuit settlement, visit the MoneyGram class action settlement website:
www.mgisettlement.com
If You Have Thoughts About The MoneyGram International Securities Class Action Settlement, Share Your Settlement Thoughts Below.
I am very pleased that senior citizens like me and others who have been victimized with fraud and scam activities are being compensated in some ways than one. I appreciate that Moneygram is trying every possible means to get rid of those illegal activities. Thank you very much