District Court Grants Final Approval of Class Settlement in the Orrstown Securities Litigation

Southeastern Pennsylvania Transportation Authority v. Orrstown Financial Services, Inc., et al., Case No. 12-cv-00793 (M.D. Pa).

Federal district judge Yvette Kane in Harrisburg PA granted final approval of the $15 million settlement reached in a securities fraud case brought by the Southeastern Pennsylvania Transportation Authority in a class action against Orrstown Bank, its officers and directors, and its former auditor.