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NTN settles securities suit

Published on .

NTN Communications, provider of interactive entertainment games, settled a class action lawsuit related to alleged securities laws violations. The amount of the settlement will be $1.45 million, consisting of $250,000 in cash and shares of NTN stock valued at $1.2 million. Or the company may satisfy the entire settlement in cash. The suit was filed on April 18, 1995, in the U.S. District Court, Southern District of California.

Copyright May 1997, Crain Communications Inc.

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