A shareholder lawsuit brought against Inc. and two of its officers alleging securities fraud violations on behalf of a proposed class of shareholders has been dismissed with prejudice, the company announced recently.
“I am very pleased with the ruling handed down yesterday and glad we can put this distraction behind us so we can devote 100 percent of our efforts to running our business,” said R. Kevin Clinton, president and CEO of the East Lansing, Mich.-based medical liability insurer.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout
US Declares Power Emergency in Southeast as Heat Strains Grids
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 

