IFL 0.42% $2.39 insignia financial ltd

Ann: IOOF notes Slater and Gordon Class Action Statement, page-5

  1. 405 Posts.
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    I believe IOOF is covered for damages by ANZ. From IOOF's 17 Oct 2017 investor presentation:

    " Contractual protections provided to IOOF in respect of certain pre-Completion conduct, subject to certain limitations
    Pre-Completion obligations in respect of conduct of business
    Separate obligations in respect of separation of business from ANZ and provision of transitional services by ANZ until separation is completed
    Purchase price adjusted for net assets at Completion
    Customary warranty and liability regime"
 
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