Chiquita Brands International Inc., which in 2007 pleaded guilty to U.S. charges of paying terrorist groups in Colombia for protection, said it reached a "favorable" settlement of shareholder lawsuits over the illegal payments.
The downtown Cincinnati-based product company will not pay money damages under the proposed deal, Chiquita spokesman Ed Loyd said Wednesday in a phone interview. A notice of the settlement was filed Tuesday in federal court in Fort Lauderdale, Fla.
For more: US: Chiquita settles suits over terror payments
The downtown Cincinnati-based product company will not pay money damages under the proposed deal, Chiquita spokesman Ed Loyd said Wednesday in a phone interview. A notice of the settlement was filed Tuesday in federal court in Fort Lauderdale, Fla.
For more: US: Chiquita settles suits over terror payments
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