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LAWSUITS NEWS & LEGAL INFORMATION

Baker Reaches Agreement in Class Action Lawsuit


This is a settlement for the Securities/Stock Fraud lawsuit.

Michael Baker Corporation today announced that it has reached an agreement in principle with the lead plaintiffs in the previously disclosed securities class action lawsuit against the Company. The settlement is subject to court approval after notice to the class members. The amount of the settlement, which the Company did not disclose, will be covered in full by the Company's insurance.

MARCH-03-09: Baker Reaches Agreement in Class Action Lawsuit [MARKETWATCH: BAKER REACHES AGREEMENT IN CLASS ACTION]

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Published on Mar-3-09


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