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jgrabar

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jgrabar

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Monday, 07/25/2022 1:59:02 PM

Monday, July 25, 2022 1:59:02 PM

Post# of 258
Uniti Investors Reach $39M Deal In Securities Fraud Suit

An Arkansas federal judge gave a preliminary approved an almost $39 million securities class action settlement resolving Uniti Group Inc. investors' claims that the real estate investment trust and wireless solutions provider hid a prohibited sale-leaseback transaction with its parent company relating to a 2015 spinoff.
The settlement is on behalf of investors who bought or acquired Uniti common stock between April 24, 2015, and June 24, 2019.
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