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GetSwift class action reaches settlement agreement GetSwift class action reaches settlement agreement Respondents to make a “modest” upfront payment into the pool, with further sums to come from the company over a three-year period. Credit: Supplied A class action against beleaguered Australian founded technology start-up GetSwift has reached a conditional settlement agreement for an unknown figure. The settlement agreement, which was entered into on 13 July and sees no admission of liability, will see respondents, GetSwift and director Joel Macdonald, make a “modest” upfront payment into the settlement pool.  Additionally, further sums will be contributed as a capped percentage of any capital raising, or a capped percentage of company revenue as a backstop if no or limited runs are raised, over a three-year period. 

Tim finneyPhi finney mcdonaldJoel macdonaldInvestments commissionFederal courtAustralian securitiesநேரம் ஃபின்னிஃபை ஃபின்னி மக்டொநல்ட்ஜோயல் மெக்டொனால்ட்முதலீடுகள் தரகுகூட்டாட்சியின் நீதிமன்றம்ஆஸ்திரேலிய பத்திரங்கள்