Arowana is pleased to advise that one of our investment entities in Australia, AWN, has been informed that the class action lawsuit regarding the 2014 IPO of its former subsidiary, Intueri Education Group, has settled without recourse to AWN shareholders or the broader Arowana group and its executives. The agreement between the parties includes the settlement of all third-party claims relating to external advisers on the IPO.
Terms of the settlement are confidential.
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