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