LAWSUITS NEWS & LEGAL INFORMATION
Heelys Settles Securitiies Class Action for $5.25 Million
This is a settlement for the Securities/Stock Fraud lawsuit.
Dallas, TX: A $5.25 million settlement has been approved by a federal judge in the class action lawsuit against Heelys, a company that makes shoes with a wheel in the heel.
The securities class action centered around allegations of breach of fiduciary duties by officials related to the initial public offering of the company in 2006.
Published on Nov-24-09
The securities class action centered around allegations of breach of fiduciary duties by officials related to the initial public offering of the company in 2006.
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