The announcement put out by IMF states that IMF will recieve $37m of the $40m to be paid by ALL and that it will record a $22m profit. It would appear that the shareholders will get about $3m which isn't much to shout about.
This outcome reinforces my view that class actions don't do anything to help aggrieved shareholders.
The announcement put out by IMF states that IMF will recieve...
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