I lost money in the period covered by the class action. I didn't...

I lost money in the period covered by the class action. I didn't know there was a class action.

Does any one know how to find out about such things before they are finalised?

COMPANY ANNOUNCEMENT
1 August, 2012
Nufarm enters into settlement
agreement on class action proceedings
Nufarm Limited has entered into a conditional settlement agreement in relation to the class
proceedings commenced by Maurice Blackburn and Slater & Gordon in early 2011. The
settlement covers claims made on behalf of group members who acquired shares during the
period from September 2009 to August 2010.
The settlement agreement was reached today, 14 months before the scheduled trial date in
September 2013, as part of a court ordered mediation process.
Nufarm has agreed to pay $43.5 million, which covers the claims, interest, the costs of the
litigation funders and applicants’ legal fees. The settlement is subject to court approval and,
if court approval is obtained, the class action will be dismissed without admission of liability
by Nufarm.
The settlement payment will be recorded as a material item in Nufarm’s 2011/12 full year
accounts.
Nufarm Chairman Donald McGauchie said that in agreeing to the settlement, the Nufarm
Board carefully considered risks and costs associated with a protracted litigation, and
demand on management's time as the company implements its strategic growth plans.
"We are pleased to put this matter behind us and have the company fully focused on
continuing to improve the operating performance of the business," Mr McGauchie said.
-- end --
Further information: Robert Reis
Corporate Affairs
[email protected]
? (61 3) 9282 1177