Saxena White is pleased to announce that on December 06, 2017, the parties reached a settlement for the securities class action litigation pending in the United States District Court for the Southern District of New York, In Westchester Putnam Counties Heavy and Highway Laborers Local 60 Benefit Funds v. Brixmor Property Group, Inc. et al., Case No. 1:16-cv-02400, against Brixmor and three executive officers.

In just a year of litigating, Plaintiffs managed to negotiate a $28 million settlement, even before the motion to dismiss. Saxena White is pleased to achieve such a notable and quick settlement for shareholders.