Welcome to our dedicated page for Special Opportunities Fund news (Ticker: $SPE), a resource for investors and traders seeking the latest updates and insights on Special Opportunities Fund stock.
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Special Opportunities Fund, Inc. (NYSE: SPE) provides an update on the settlement of a class action lawsuit against FAST Acquisition Corp., approving a $12.5 million gross cash payment to former shareholders of FAST's class A common stock as of August 25, 2022. The net settlement distribution to stockholders is expected to exceed $0.50 per share, with a distribution timeline by June 30, 2024. Stockholders in the class do not need to take action to receive the distribution.
