Alliance MMA Settles Class Action Litigation; Shares Surge 18% in Pre-Market Trading

Alliance MMA(AMMA) has agreed to settle and resolve a stockholder class action lawsuit initially filed in April 2017 against the sports and media company, certain of its current and former officers and directors, and the underwriter in Alliance's 2016 initial public offering. Shares of Alliance MMA (AMMA) are up nearly 18% in pre-market trading.

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