Reliance Global Group settles shareholder claims for USD 90,560 and USD 40,350

Reuters03-18
Reliance Global Group settles shareholder claims for USD 90,560 and USD 40,350

Reliance Global Group said it entered settlement agreements to resolve claims tied to prior stock purchase transactions and alleged guarantees by Reliance Global Holdings. Under the Rubin settlement, the company agreed to pay a final cash amount of 90,560. Under the Kreindler settlement, the company agreed to pay a final cash amount of 40,350. The agreements include mutual releases and terminate prior obligations related to the transactions and alleged guarantees.

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