Settlement

High Liner Foods Completes Rubicon Settlement

June 9, 2024 High Liner Foods Incorporated

In accordance with the terms of the Settlement, 2,429,014 shares of the Company issued in connection with the acquisition of Rubicon will be cancelled, resulting in 30,428,600 total outstanding shares. Based on a closing share price of CAD $13.32 on June 5, 2024 and an exchange rate of 1.37045 with the U.S. dollar, the cancelled shares are worth approximately USD $23.6 million. …

$ 220M Settlement Involving Dairy Purchasers who Bought Directly from a National Milk Producers Federation Cooperatives Working Together Program Member in 2013

January 28, 2020 United States District Court for the Southern District of Illinois

The lawsuit claimed that an effort known as Cooperatives Working Together (CWT) operated a Herd Retirement Program that was a conspiracy to reduce milk output that violated the law. The Defendants deny doing anything wrong. The Court has not decided who is right. …