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Menora Miv Hld ( (IL:MMHD) ) has provided an update.
Menora Miv Hld announced that its subsidiary, Menora Mivtachim Pension and Provident Ltd., had received court approval to withdraw from a class action claim. The lawsuit involved index-linked loans from the pension fund managed by the subsidiary, where the repayment amounts were allegedly miscalculated. The Regional Court approved the withdrawal, granting compensation to the plaintiffs and their attorneys in a minor amount, resolving the legal issue without significant financial impact on the company.
More about Menora Miv Hld
YTD Price Performance: 9.27%
Average Trading Volume: 82,679
Current Market Cap: ILS10.51B
Find detailed analytics on MMHD stock on TipRanks’ Stock Analysis page.