|ANNOUNCEMENT - Thursday, February 17, 2011|
Norbourg Class Action - Final Agreement Reached (Public Announcement)
In an update to our communication of January 19, 2011, Concentra Financial advises that the Norbourg class action lawsuit settlement is proceeding according to the agreement in principle announced on January 19, 2011.
A Communiqué issued by the Investors’ legal counsel on February 16, 2011, announced that the parties involved have signed the settlement agreement. On February 17, 2011, a notice will be published in Quebec newspapers stating that the out-of-court settlement with be submitted for approval by the Superior Court of Québec on March 14, 2011.
Concentra is pleased this process is moving toward resolution with a positive outcome for all parties. We will provide further information when proceedings are closed.
For additional information contact:
Vice-President, Legal & Corporate Affairs
Phone: 306-956-1833 Fax: 306-652-7614