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FINWIRES

Collins Foods Executes Settlement Deed in Employee Class Action Case

-- Collins Foods (ASX:CKF) has executed a settlement deed with applicants and other respondents to resolve a class action concerning 10-minute rest break entitlements that started in December 2023, according to a Wednesday Australian bourse filing.

The company earlier disclosed a settlement of up to AU$9 million under a cap-and-collar structure, per the March filing.

The settlement deed is subject to approval by the Federal Court of Australia.

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