|From: rocket (Rep: 217)||Date: 04/26/2018 11:20|
|Forum: 3D Systems Corp - Msg #968||Thread #674005711 (Rec: 0) |
|Brian52 minutes ago Yahoo board|
The class action lawsuit should be of no concern to shareholders. It is actually a good thing this lawsuit has been looming over DDD for 3 years and now it will be put to rest on June 25, 2018 in court. At that time if the settlement is approved the max payout is 50 million. The 50 million will be paid from DDD’s insurance carriers not out of company cash. Again it is stated in the settlement agreement to be paid from insurance. DDD has reached an agreement to move forward without effecting current shareholders.
Again you can read it for yourself here’s the link. It’s on page 4. “$50,000,000 to be paid by Defendants insurance carriers.
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