Court Provisions Settlement Approval in Flux Power Holdings Derivative Lawsuit
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Flux Power Holdings Inc. announced that the U.S. District Court for the Southern District of California has provisionally approved a settlement in a shareholder derivative lawsuit. The case alleged breaches of fiduciary duties by company officers and directors. The settlement resolves all claims against the leadership, and current shareholders as of August 12, 2025, will be bound by the court's final approval. The full notice and settlement details are available on the company's website.
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