I would imagine the precedent has been set through the USA courts if the Australian settlement amount is similar or equal to a pro-rata per claimant / no. shareholders / $ awarded etc basis ? Who knows but generally the courts waive through settlements but I guess if the court / judge had questions, the merits of the agreed $ in the settlement could be argued by both party's litigants
Perhaps the circa 30 days notice SI gave in the quarterly on 31/7 about Thursday's conference call was simply to tout to shareholders that the CA was resolved and proclaim what a wonderful job they had done now that it was over ? What a disappointment that would be ... lol
I would imagine the precedent has been set through the USA...
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