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EML Payments Agrees $37.36M Settlement in Shareholder Class Action
2:41pm on Wednesday 25th of June, 2025 AEST
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Financial Services
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EML Payments Agrees $37.36M Settlement in Shareholder Class Action
2:41pm on Wednesday 25th of June, 2025 AEST
Key Points
In-principle settlement of $37.36 million for shareholder class action
Settlement relates to alleged misleading conduct over 2020 PCSIL acquisition
No admission of liability by EML Payments
Settlement funding from existing cash and debt facilities
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