Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Phoenix ( (IL:PHOE) ) just unveiled an announcement.
Phoenix Insurance Company Ltd has successfully resolved a legal issue as the Regional Labor Court in Tel Aviv-Jaffa approved the withdrawal of a claimant’s request to certify a class action lawsuit against it. The lawsuit alleged that Phoenix Insurance and another company charged excessive amounts in loan agreements through a one-way linkage mechanism. The closure of this case against Phoenix Insurance may positively impact its operations and market position by removing potential legal and financial uncertainties.
More about Phoenix
Phoenix Insurance Company Ltd is part of the insurance industry, providing a range of insurance products and services. The company is focused on serving various market segments with its insurance offerings.
YTD Price Performance: 22.21%
Average Trading Volume: 811,233
For a thorough assessment of PHOE stock, go to TipRanks’ Stock Analysis page.
