A federal judge in Massachusetts gave an initial nod to the proposed settlement of a trio of shareholder derivative suits against Acer Therapeutics Inc. that would see the company making a slate of corporate reforms to end allegations it misled investors about the prospects for a drug it was developing.
Daily fantasy and sportsbook operator DraftKings has settled its part of a multidistrict lawsuit around its daily fantasy sport operations, agreeing to pay $720,000 plus more than $7m in site credit, while taking steps to curb compulsive play.