Counsel for the parties attended before the court for the signing of orders implementing Minutes of Settlement resolving the proceeding.
The court confirmed that the orders, issued on consent, concluded the litigation between the parties.
The court further clarified that investors associated with the plaintiff corporation retained any rights or claims they might have against the corporation regarding their investments.
However, those investors were barred from bringing further proceedings challenging the authority of the trustee, the FTA, or the corporation to settle the action.
Directions were given for copies of the orders, supporting affidavit, and the endorsement to be sent by registered mail to each investor.