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    Judge to OK U.S. Ahold Class Action Settlement

    AMSTERDAM -- A judge in Maryland is set to approve retail conglomerate Ahold's $1.1 billion class action settlement with shareholders after the company's profit overstatement scandal rocked the its finances, according to a published report.

    AMSTERDAM -- A judge in Maryland is set to approve retail conglomerate Ahold's $1.1 billion class action settlement with shareholders after the company's profit overstatement scandal rocked the its finances, according to a published report.

    In January the U.S. Maryland District Court preliminarily approved the agreement.

    According to Ahold, the judge handling the case said during a hearing on Friday that he would sign the settlement.

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