September 3, 2024
A Maryland federal judge has preliminarily approved a nearly $2.2 million settlement ending a class action that alleged Bowl America’s board of directors acted in bad faith when approving a merger with Bowlero Corp.
According to U.S. District Judge Stephanie A. Gallagher’s order issued Friday, a fairness hearing is scheduled for Oct. 31.
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The plaintiffs are represented by Daniel Sommers and Richard Speirs of Cohen Milstein Sellers & Toll PLLC and Brett Krantz of Kohrman Jackson & Krantz LLP.
Read $2.2M Bowling Co. Investor Settlement Gets Initial Green Light.