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An AMC Entertainment Holdings Inc. investor on Friday appealed the shareholder settlement that let the company convert its APE preferred units into common stock, despite having previously said the conversion would be all but impossible to unwind.

The Delaware Supreme Court set a Friday deadline for responses to a request to halt a stock conversion pending the appeal of a settlement allowing AMC Entertainment Holdings Inc. to move forward with a plan opposed by many of its retail investors.

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE AMC ENTERTAINMENT ... -Yesterday at 11:17 pm- MarketScreener