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The $193 million settlement of the class action shareholders' suit against Rite Aid Corp. won final court approval after lawyers tinkered with its terms and wording. In June, a federal judge in Philadelphia refused to approve the settlement after finding that its "bar order" was too broadly worded and would improperly limit the rights of several former top executives who were not included in the settlement.
August 17, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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