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BRIEF-NU Skin Enterprises: U.S District Court for district of Utah granted preliminary approval for agreement of settlement regarding complaint that was asserted on behalf of Co.
July 29, 2016 / 9:23 PM / in a year

BRIEF-NU Skin Enterprises: U.S District Court for district of Utah granted preliminary approval for agreement of settlement regarding complaint that was asserted on behalf of Co.

July 29 (Reuters) - NU Skin Enterprises Inc

* U.S District Court for district of Utah granted preliminary approval for agreement of settlement regarding complaint that was asserted on behalf of Co.

* Agreement requires company to implement certain corporate governance measures

* Agreement requires Co to pay to plaintiffs’ counsel attorneys’ fees and expenses in total amount of $1.3 million

* Company currently anticipates that its insurers will pay approximately $1 million of amount Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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