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The settlement that was reached wasn't disclosed, as mentioned, but given the potentially astronomical damages that could've resulted, you can imagine the payout likely involved a considerable sum.
Incoming CEO John W. Chidsey backed the payouts, stating that the financial firms spent considerable time and capital turning the company around.
Investors are pushing for a higher interest payout to mitigate both their loss and the fact that their exposure to Greece will be lengthened considerable with the new bonds.
Bond payouts are fixed.
CONS Payouts are not automatic.
Massive hedge fund payouts.
Payouts per claim fell by a third.
No payouts are coming, guys.
Mr. Black defends the payouts.
Total payouts could reach $640 million.
"There is no set ceiling on payouts".
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CEO of Professional Science Editing for Scientists @ prosciediting.com