IMF release to ASX re PIF class action

I see nowhere in the ASX or NSX announcements re the CA mentioning '2000' unit holders participating in the CA!!
I also don't see the figure '$20million' in either announcements or that the claim has been settled???
The definition of 'Settlement in Principle':: A settlement in principle is an agreement between persons or organizations to resolve a dispute or transaction PENDING APPROVAL from another party in interest or authority.
Read more : http://www.ehow.com/facts_6181087_definition-settlement-principle.html
However I do see  'IMF will make a further announcement if and when a binding Settlement Deed is executed'
Not much point in speculating until we get all the facts in my opinion.


Bentham IMF Limited ABN 45 067 298 088 GPO Box 5457 Sydney NSW 2001 Freecall 1800 016 464 IMF#1608730 RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”) WEDNESDAY, 18 JUNE 2014
IN PRINCIPLE SETTLEMENT – PREMIUM INCOME FUND 1. The Board of Directors of Bentham IMF Limited (“IMF”) is pleased to announce an in-principle settlement of the claims by certain unitholders and the new responsible entity of the Premium Income Fund (Fund) against KPMG, as auditor of the Fund’s compliance plan. 2. The contemplated terms of the settlement are confidential to the parties and are to be the subject of a Settlement Deed, still to be negotiated. 3. Any income will be brought to account in the 2015 financial year. 4. IMF will make a further announcement if and when a binding Settlement Deed is executed. Diane Jones Chief Operating Officer