3D Systems, Investors Get Sign-Off for $4 Million Settlement

3D Systems Corp. is approved to pay a class of shareholders $4 million to resolve claims that it misled investors about “righting the ship” after a “reckless acquisition strategy” that led to operational chaos.

The deal merits final approval, Judge Nicholas G. Garaufis said for the US District Court for the Eastern District of New York. Garaufis also approved attorneys’ fees of 33% of the settlement.

• Investors said 3D Systems, one of the oldest companies in the 3D printer and supplies business, delayed disclosing that it still suffered from problems stemming from its “too rapid expansion years earlier”
• “The Settlement ...