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Monday, January 23, 2006

Court approves Hollinger settlement agreement
Krista-Ann Staley at 3:15 PM ET

[JURIST] Cook County Circuit Court Judge Bernetta D. Bush Monday approved a $20 million final settlement in a class action suit against newspaper publishing giant Hollinger International Inc. [corporate website]. Advertisers brought the suit claiming they had been defrauded by inflated circulation numbers for the Chicago Sun-Times [media website] and Daily Southtown [media website] newspapers. The final settlement terms incorporated the settlement agreement [JURIST report] announced in September, in which Hollinger agreed to pay $7.7 million in cash, $5.6 million in legal fees and $7.3 in free advertising. Reuters has more.






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