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A proposed settlement regarding a class action lawsuit against BlackBerry Limited has been announced, concerning individuals who purchased common stock (ticker: BBRY) from March 28, 2013 to September 20, 2013. The settlement involves a cash payout of $165 million to be approved by the court during a hearing on September 29. The court will also decide on the fairness of the plan for allocating funds and attorney fees. Class members must file a Proof of Claim by September 7, 2022 to be eligible for recovery.
