TSXV:PAR.H - Post by User
Comment by
alkhoron Apr 26, 2019 6:47pm
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Post# 29677465
RE:RE:RE:RE:Doomed
RE:RE:RE:RE:DoomedSunnyboy wrote: The class action lawsuit was settled out of court but maybe she will finally be criminally charged so the board send her packing?
She was not a defendant in the class action suit, so that is not the reason.
The settlement will be for anyone owning units as of April 14, 2014 and who submitted a claim. I have not heard anything about when the payout will be made but it should be fairly simple calculation, divide the $4,950,000 by the number of shares submitted for claim. The should be verifying all claims now so I would expect a payout by the end of June, how much will depend on how many filed.