Opendoor Technologies Inc. (NASDAQ:OPEN) stock climbed 2.23% in Thursday pre-market session following a preliminary approval from the U.S. District Court. Opendoor Reaches Full Settlement In Derivatives CaseThe settlement, approved on September 11, pertains to the case Gera v. Palihapitiya, et al. The parties in the case took part in a global mediation on February 7 and tentatively agreed that Opendoor Technologies would implement specific corporate governance reforms. On June 27, Opendoor signed a Stipulation of Settlement, and the Gera plaintiff filed a motion for preliminary approval that same day. In September, a legendary hedge fund manager George Noble called Opendoor Technologies a “total clown show” despite its stock rallying over 640% since its all-time low in late June.