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Court Dismisses Class Action Against Migdal Insurance

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Court Dismisses Class Action Against Migdal Insurance

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An update from Migdal Insur. ( (IL:MGDL) ) is now available.

Migdal Insur. announced that the Tel Aviv District Court has dismissed a class action approval request against its subsidiary, Migdal Insurance Company Ltd., and four other respondents. The lawsuit involved alleged discrimination in travel insurance policies for not covering mental illnesses. The dismissal was due to the non-appointment of a representative counsel by the applicant, as previously required by the court, and was resolved without an order for expenses.

More about Migdal Insur.

YTD Price Performance: 12.87%

Average Trading Volume: 1,739,316

Current Market Cap: ILS8.32B

See more data about MGDL stock on TipRanks’ Stock Analysis page.

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