KILGORE, Texas, Oct. 2, 2012 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) ("MMLP" or the "Partnership") announced today that Martin Resource Management Corporation (the "Parent"), the owner of its general partner, has settled certain ongoing litigation with certain of its shareholders. The settlement, among other things, provides the Parent, its officers and directors with a full and final release and resolves the litigation styled Scott Martin, et al. v. Martin Resource Management Corporation, et al, originally filed in the 215th Harris County Judicial District Court of Texas under Cause No. 2008-53948 (the "Harris County Litigation") for an undisclosed price. The settlement also resolves all of the other outstanding lawsuits between the parties to the Harris County Litigation.
Martin Resource Management Corporation, Owner Of The General Partner Of Martin Midstream Partners L.P., Announces Litigation Settlement
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.