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Clal Insurance ( (IL:CLIS) ) has provided an announcement.
Clal Insurance has announced the submission of an agreed request for withdrawal in a class action lawsuit filed against it. The lawsuit concerned the alleged improper cancellation of policies, and Clal Insurance has agreed to provide additional disclosure and pay nominal fees and compensation. This request is pending court approval, which remains uncertain.
More about Clal Insurance
Clal Insurance is a company operating within the insurance industry, providing a range of insurance products and services. It focuses on delivering comprehensive coverage options to its clients and is positioned as a significant player in the market.
YTD Price Performance: 15.98%
Average Trading Volume: 244,099
Technical Sentiment Consensus Rating: Buy
Current Market Cap: ILS8.02B
See more insights into CLIS stock on TipRanks’ Stock Analysis page.