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Court Of Chancery Explains Class Distribution Procedures

By Albert J. Carroll on February 20, 2017
Posted In Class Actions

In re Dole Food Company Inc. Stockholder Litigation, C.A. 8703-VCL (February 15, 2017)

Distributing the proceeds from a class action settlement is not as easy as you might think. Tracing ownership is complicated by the use of various intermediaries such as Cede & Co. This decision explains why that is so and provides a solution to the problem.

Tags: Class Actions
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