Litigation funder, IMF Bentham Limited (ASX: IMF) has reported in principle settlement of an Australian securities class action. The settlement is dependent on agreement related to settlement terms and court approval.
- The investment was funded by IMG as part of its on-balance sheet portfolio.
- IMF expects to generate income of up to approximately $12 million.
By 12:56 PM AEST, IMF was trading at $3.435, down by 0.14% relative to the previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.