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Heelys Inc. Case 08/27/2007

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Lawsuit Overview

Heelys Inc. Case 08/27/2007: UPDATE Heelys Inc. announced it reached a proposed settlement of a class action lawsuit over its initial public offering. Pending court approval, the proposed $7.5 million settlement includes all owners of Heelys common stock as of July 16, according to court documents. Heelys said the company and certain officers and directors deny wrongdoing but decide...



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