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ITH.LSE
id: 1663
Ithaca Energy ($IAE) CAD $9M Investor Settlement
Late claims are being considered for compensation, subject to approval.
$9,000,000
Cash Settlement1501-05830
Case number10/09/2014
Class period Start02/24/2015
Class period End02/12/2026
Claim deadlineIthaca Energy has agreed to settle CAD $9M with investors to resolve claims that it misled the market about delays and modifications to its FPF-1 Floating Production Facility.
Case Type
Canadian Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Filing date
05/26/2015
Attorneys
Berger Montague PC ; JSS Barristers
Administrator
Berger Montague
Court hearing date
08/07/2025
Objection deadline
07/11/2025
Trades matching type
FIFO
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