I found a news article about it. The company had the funds to...

I found a news article about it. The company had the funds to make the settlement.

UPDATE 2.35pm: Shares in OZ Minerals were lower after the miner agreed to pay $24 million as part of a $32.5 million settlement of a class action brought by former Zinifex shareholders.The action dates back to 2008 after Oxiana and Zinifex merged to form OZ Minerals.The merged entity came close to financial collapse after informing stunned shareholders that it was struggling to extend repayment dates on $859 million of debt.Zinifex shareholders accused the company of misleading and deceptive conduct, by not revealing the true extend of its debt liabilities before the merger went ahead.The class action was launched in the Federal Court in February 2014.OZ said the settlement amount was full and final, and included interest, the applicant’s legal fees and the applicant’s litigation costs.The settlement is without admission of liability by OZ Minerals and its related entities and is subject to court approval. OZ said the settlement was agreed to avoid the litigation risk and significant expense of a lengthy trial and to enable OZ Minerals to focus on growing shareholder value.The settlement payment will be recorded in the company’s full-year results.