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United Kingdom

Eagle Materials Says Co, Unit Agreed To Pay About $39 Mln In Cash To Settle Claims Against Them


Friday, 29 Dec 2017 

Dec 29 (Reuters) - Eagle Materials Inc ::EAGLE MATERIALS SAYS ON DEC 29, CO, UNIT, NEW NGC INC, PABCO BUILDING PRODUCTS ENTERED INTO SETTLEMENT AGREEMENT WITH COUNSEL - SEC FILING.EAGLE MATERIALS - AGREEMENT TO SETTLE CLAIMS MADE AGAINST COS IN DIRECT PURCHASER CLASS ACTIONS PENDING IN U.S. DISTRICT COURT IN PENNSYLVANIA.EAGLE MATERIALS - CO, UNIT AGREED TO PAY TOTAL OF ABOUT $39 MILLION IN CASH TO SETTLE CLAIMS AGAINST THEM.EAGLE MATERIALS INC - WILL RECORD SETTLEMENT AMOUNT AS AN EXPENSE IN ITS FISCAL Q3 2018 RESULTS. 

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