Jeffrey Katzenberg Seeks To Settle DWA Shareholders Suit With $4.5M Payout
After failing to get DreamWorks Animation shareholders lawsuits out of the 2016 sale to Comcast dismissed, Jeffrey Katzenberg is making a deal
A year and a half after Jeffrey Katzenberg was sued by DreamWorks Animation shareholders over a lucrative side deal from the 2016 $3.8 billion sale of the How To Train Your Dragon company to Comcast, the now WndrCo boss is trying to settle up.In a proposed deal filed earlier this week in Delaware’s Chancery Court, Katzenberg has offered to pay $3.5 million into a settlement account to make the matter from a trio of investors go away. There is no indication in the paperwork submitted this week...
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