August 28, 2017 / 12:33 AM / 2 months ago

BRIEF-Treasury Wine Estates settles class action

Aug 28 (Reuters) - Treasury Wine Estates Ltd

* Reached an agreement to settle previously announced shareholder class action commenced on 2 July 2014 by Brian Jones

* Settles class action relating to historical market disclosures that occurred in 2013

* Settlement amount, $49 million inclusive of interest and costs, is fully insured; to have no impact on co’s financial results. Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below