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74.0¢ slater & gordon limited

Ann: Market Update - Shareholder Class Actions, page-10

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jimk3758

7,932 Posts.

51

30/10/18

10:58

Post #: 36310913
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Originally posted by ballybay ↑

The moat now surrounding SGH was part of the class action settlement that Maurice Blackbourne lawyers signed up to on behalf of all shareholders when they accepted the 35million.
MB didn't have to settle for this deal knowing any future claims would be permanently compromised by doing so. I guess it was a case of a bird in the hand is better then two in the bush for MB.
I'm looking forward to the Pitcher Partners CA as they certainly have played a key role in this sorry saga and knowing that the company and current shareholders are quarantined.

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Yeah most of us know all that but it still doesn't answer why the announcement was released as price sensitive. When I was a shareholder I would contact IR to get answers but seems current shareholders aren't interested in knowing answers.

Last edited by jimk3758: 30/10/18

SGH Price at posting: $2.62 Sentiment: Sell Disclosure: Not Held
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