$42M settlement for Grubhub investors approved- Emma Oxnevadeoxnevad@lawbulletinmedia.comA federal judge has approved a $42 million settlement to a proposed class-action lawsuit accusing Chicago-based Grubhub of lying to investors about its performance.The lawsuit was filed in 2019 in the U.S..
The volume of orders made on the delivery platform declined by 7 per cent to 509.4 million in the six months ending June, against the same period in 2021.
Just Eat Takeaway (TKAYF) Shares Soar After Amazon Takes Stake in Grubhub Unit streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
"The last two years have been miserable," says 42nd Ward Alderman Brendan Reilly. "But there are people literally knocking down my door wanting to invest more money in downtown Chicago.” Listen to find out more.