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Heckmann (HEK) settles a shareholder lawsuit surrounding the 2010 acquisition of China Water...

Heckmann (HEK) settles a shareholder lawsuit surrounding the 2010 acquisition of China Water & Drinks, agreeing to pay plaintiffs attorneys $300K and issue to them 562,320 shares of company stock, while denying all allegations of wrongdoing. (PR)
Comments (4)
  • gsterling
    , contributor
    Comments (682) | Send Message
     
    Sounds like the shareholders really made out on that. Thanks leeches... I mean lawyers!
    1 Apr 2013, 07:36 AM Reply Like
  • Bob Curtin
    , contributor
    Comments (71) | Send Message
     
    Maybe there is a case for a class action against the class action lawyers.
    1 Apr 2013, 08:27 AM Reply Like
  • cer365
    , contributor
    Comment (1) | Send Message
     
    Wait... the attorneys for shareholders get $300k and over half million shares of HEK stock. What did the stockholders come out with?
    1 Apr 2013, 10:34 AM Reply Like
  • cn_habs
    , contributor
    Comments (250) | Send Message
     
    Losses of course. :(
    1 Apr 2013, 12:47 PM Reply Like
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