US EditionLightspeed Commerce Announces Settlement Agreement for Quebec Class Action
- Lightspeed Commerce Inc. announced an agreement to resolve a class action in Quebec, pending court approval.
- The settlement amount is approximately $8.09 million, allowing Lightspeed to focus on its business transformation.
- Lightspeed and other defendants admit no liability and deny all allegations of wrongdoing.
- The settlement intends to fully settle all claims against Lightspeed and other defendants.
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Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action Français
MONTREAL, /CNW/ - Lightspeed Commerce Inc., (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail and hospitality businesses in over 100 countries, today announced that it has reached an agreement in principle to resolve in full the proposed class action proceedings filed in Quebec.1 The settlement follows the recent dismissal of a parallel U.S. securities class action against the Co…
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Total News Sources64
Leaning Left6Leaning Right6Center20Last UpdatedBias Distribution63% Center
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63% Center
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C 63%
R 19%
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