Trilogy said its settlement has been approved.
- Share via
Under the agreement in the class-action suit filed by shareholders in 1984, a total of $8 million in cash and stock will be paid to persons who purchased shares of Trilogy between Nov. 9, 1983, and Aug. 14, 1984. The settlement, approved by a federal court in San Jose, resulted in a one-time expense of about $5 million to the company, which was charged to its fiscal 1985 fourth quarter.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.