Tupperware Investors’ $22 Million Court Deal Gets Final Approval

Tupperware Brands Corp. investors’ nearly $21.8 million settlement earned a federal court’s final blessing to resolve claims former executives of the container maker misrepresented its turnaround before reporting disappointing financial results.

The investors’ counsel will get a third of that sum—more than $7.26 million—in attorneys fees and almost $431,000 for litigation expenses, Magistrate Judge Leslie Hoffman Price said, approving the deal. Each of the investors leading the class will get $15,000, the US District Court for the Middle District of Florida magistrate judge said Tuesday.

• Tupperware was dropped from the suit this year after the case was temporarily stayed ...