Brief: Zuora Inc Says U.S. District Court For Northern District Of California Granted Preliminary Approval Of Proposed Settlement

Zuora

25/07/2023 22:03

July 25 (Reuters) - Zuora Inc  ZUO.N :
    * ZUORA INC - ON JULY 14, 2023, U.S. DISTRICT COURT FOR
NORTHERN
DISTRICT OF CALIFORNIA GRANTED PRELIMINARY APPROVAL OF PROPOSED
SETTLEMENT
    * ZUORA - SETTLEMENT RELATED TO PREVIOUSLY DISCLOSED
CONSOLIDATED
STOCKHOLDER DERIVATIVE ACTION AGAINST SOME OF CO'S CURRENT,
FORMER EXECUTIVES
    * ZUORA - HAS AGREED TO ADOPT AND IMPLEMENT CERTAIN
CORPORATE
GOVERNANCE MEASURES & PAY $2.0 MILLION FOR SOME PLAINTIFFS'
ATTORNEYS' FEES


Further company coverage:  ZUO.N 

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