Stronach Group settles lawsuit out of court

Belinda Stronach pleased’ litigation launched by niece, brother resolved

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The Stronach Group says a lawsuit filed by Frank Stronach's son and granddaughter over management of the family business's wealth has been settled out of court.

The company headed by Frank Stronach's daughter, Belinda Stronach, announced the settlement in a statement issued Wednesday afternoon.