Settlement reached with ParkLane and other Remaining Defendants

Settlement reached with the Remaining Defendants – ParkLane Financial Corporation, Trafalgar Associates Limited, Trafalgar Trading Limited, and Appleby Services (Bermuda) Limited as the Trustee of the Bermuda Longtail Trust On March 8, 2017, the Plaintiff entered into a settlement agreement with the remaining Defendants in this action. Under the terms of the proposed settlement, the…