Settlement in the Claim Regarding the ICL Bonuses, filed by our Firm: Former Executives will Refund NIS 6.5 Million to the Company

28.05.2019

A settlement agreement was reached in the derivative claim filed by Adv. Ronen Adini regarding the unlawful bonuses paid by ICL to their executive officers throughout the years 2014-2015.

As part of the settlement agreement, the defendants will pay the Company a total of NIS 6.5 million, plus reimbursement in the amount of NIS 100,000.

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