Cases & Investigations

Force Protection, Inc. Derivative Litigation

CASE NUMBER: Master File No. 08-1907
CASE STATUS: Settled
SETTLEMENT AMOUNT: $2.25 million
COURT: United States District Court for the District of South Carolina

Berger Montague represented one lead plaintiff in the action. A settlement has been reached which includes payment to the corporation of $2.25 million and the agreement to overhaul the company’s corporate governance at the board and management levels. Additionally, the settlement provides for significant changes to the company’s internal controls and cost accounting with a greatly revised insider trading policy.

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