The Tel Aviv District Court has seized assets of Nochi Dankner, former controlling shareholder in IDB, and his former partner Itay Strum, up to NIS 50 million. This follows the cancellation of a settlement in a class action brought by IDB shareholders against the pair. Dankner and Strum were convicted on criminal charges in relation to the company's equity offering in 2012. The court accepted a request for a seizure order on their assets to ensure payment in the class action.
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