Maison Solutions proposes settlement of derivative suit alleging immigration fraud scheme

Maison Solutions Inc.

Derivative lawsuit alleged immigration fraud scheme and false IPO statements between Oct 5 and Dec 15, 2023.
Settlement requires adoption of corporate governance reforms for five years; defendants deny all wrongdoing.
Insurer pays $400,000 for plaintiffs' attorneys' fees; service awards up to $3,000 each for two plaintiffs.
Settlement hearing scheduled for August 12, 2026; stockholder objections due by July 22, 2026.

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