AMC Investor Class Action Brought To End With Final Approval Of $18M Settlement

Mealey's ( February 16, 2022, 2:05 PM EST) -- NEW YORK — A federal judge in New York on Feb. 14 granted final approval of an $18 million securities class action settlement against movie theater chain operator AMC Entertainment Holdings Inc., certain of its senior executives and board members and underwriters of its secondary public offering (SPO), ruling that the settlement is fair, reasonable and adequate, is in the best interest of the class members and is the result of arms’-length negotiations between the parties....