Shares of IMF Bentham Limited (ASX: IMF) were placed on trading halt today on the request of the company. It was said that the company expects to release a pending announcement.
Yesterday, the litigation funder had notified that a judgement was delivered in favour of the company in an antitrust claim in the US, and it expected a profit of USD 3.4 million.
IMF also notified that the judgement in Brisbane Floods class action was scheduled to be delivered today. Therefore, the company would seek a trading halt.