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BRIEF-Redflex says resolved all matters in relation to Qui Tam civil litigation
February 5, 2017 / 9:41 PM / 10 months ago

BRIEF-Redflex says resolved all matters in relation to Qui Tam civil litigation

Feb 6 (Reuters) - Redflex Holdings Ltd

* Legal settlement with the city of Chicago - Qui Tam claim-rdf.ax

* Signed a release and settlement agreement with city of Chicago (city) to resolve Qui Tam civil litigation

* Has now resolved all criminal and civil matters in United States arising out of company’s 2013 investigation

* Will pay to City USD20 million (with a total of USD10 million payable to City by december 31, 2017

* Intends to continue developing new products,services and focusing on those markets that have attractive growth profiles, unmet market needs Source text for Eikon: Further company coverage:

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