RDF redflex holdings limited
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Feb 6 (Reuters) - Redflex Holdings Ltd (RDF) Legal settlement...

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    06/02/17
    08:45
    Post #: 22388969

    Feb 6 (Reuters) - Redflex Holdings Ltd (RDF)

    • Legal settlement with the city of Chicago - Qui Tam claim-rdf.ax
    • Signed a release and settlement agreement with city of Chicago (city) to resolve Qui Tam civil litigation
    • Has now resolved all criminal and civil matters in United States arising out of company's 2013 investigation
    • Will pay to City USD20 million (with a total of USD10 million payable to City by december 31, 2017
    • Intends to continue developing new products,services and focusing on those markets that have attractive growth profiles, unmet market needs
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