AMC Agrees To Settle Class Action Suit But Denies Any Wrongdoing

AMC Entertainment (NYSE: AMC) finally formally filed its settlement documents with the Delaware Court of Chancery, offering to settle the class action lawsuit filed by shareholders that would allow it to issue stock, raise capital, convert its APE units and go ahead with a 10-for-1 reverse stock split. The settlement offer was put forth earlier … Continue reading AMC Agrees To Settle Class Action Suit But Denies Any Wrongdoing