NCI Building Systems Settles

NCI Building Systems, Inc. (NYSE: NCI), a Houston-based manufacturer of metal products for the nonresidential building industry, has announced the preliminary settlement of the securities class action pending against the company in the S.D. of Tex. The case was originally filed in April 2001 and is based on alleged misrepresentations related to the company’s restatement of its 3Q 1999 to 1Q 2001 financial results. The settlement is for $7 million.

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