Hollinger reaches $20 million settlement in newspaper circulation suit Chris Buell at 4:22 PM ET
[JURIST] Newspaper publishing giant Hollinger International Inc. [corporate website; Wikipedia backgrounder] announced Friday that it had reached a $20 million settlement in a class-action lawsuit brought by advertisers over claims that it inflated circulation figures for the Chicago Sun-Times [media website]. Under the settlement reached after six months of negotiations, Hollinger will pay $7.7 million in cash and $5.6 million in legal fees and provide $7.3 million in free advertising. The settlement does not cover separate claims of certain advertisers. The parties still need to obtain court approval for the settlement, with a hearing scheduled for December. Hollinger has a news release on the settlement. AP has more.
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