Decisive Dividend Announces Settlement of Outstanding Legal Proceedings Without Liability

About this update from Decisive Dividend Corp.

[{"type":"text","content":"Decisive Dividend Announces Settlement of Outstanding Legal Proceedings Without Liability(via TheNewswire)\n \n \nKelowna, British Columbia - TheNewswire - August 7, 2020 - Decisive Dividend Corporation (TSXV:DE) (\"Decisive\" or the \"Corporation\"), is pleased to announce that it was advised by its insurer today that an outstanding legal proceeding was settled without any liability or payment by Decisive's subsidiaries or the insurer.\n\n \n \nIn January 2017, the Corporation announced that two of its subsidiaries had been added as defendants to a civil claim under which the plaintiffs sought aggregate damages against the defendants of $11 million plus aggregate punitive, aggravated or exemplary damages of $10 million, $0.2 million in damages pursuant to the Family Law Act (Ontario) and prejudgment interest, costs and such other relief as the court deemed just.\n\n \n \nThe Corporation is satisfied that the legal proceedings were settled as expected and without any liability or payment by its subsidiaries or its insurer.\n\n \n \nAbout Decisive Dividend Corporation\n\n \n \nDecisive Dividend Corporation is an acquisition-oriented company, focusing on the manufacturing sector. The Corporation uses a disciplined acquisition strategy to identify already profitable, established companies that have strong management teams, generate steady cash flow, operate in non-cyclical markets, and have opportunity for future growth.\n\n \n \nFor more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com. \n\n \n \nFOR FURTHER INFORMATION PLEASE CONTACT: \n\n \n \nRick Torriero, Chief Financial Officer\n\n\n \n#201, 1674 Bertram Street\n\n\n \nKelowna, BC V1Y 9G4\n\n\n \nTelephone: (250) 870-9146\n\n \n \nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\n\n Copyright (c) 2020 TheNewswire - All rights reserved.","length":3667,"tagName":"div"}]

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