OCZ Tech Reports Settlement of Class Action Suit, to Pay $7.5M
October 02, 2013 at 16:33 PM EDT
OCZ Technology Group, Inc. (NASDAQ: OCZ ), a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems, today announced that it has reached a settlement in principle in the federal shareholder class action litigation filed in connection with the Company's financial restatement. The settlement is subject to negotiation