Southern District of New York Judge Shira A. Scheindlin gave her final approval Wednesday to an April settlement concluding eight years of litigation over inflated pricing and undisclosed compensation in initial public offerings during the technology boom.

The settlement, which involves a total of $586 million to end 309 coordinated class actions brought against investment banks and the companies they took public, was deemed fair by the judge. She also awarded Stanley Bernstein of Bernstein Liebhard and other plaintiffs lawyers one-third of the $510 million net settlement fund, or $170 million, in fees.

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