Nov 1 (Reuters) - Chemtrade Logistics Income Fund CHE_u.TO :
* CHEMTRADE SETTLES MAIN CLASS ACTION LAWSUIT
* CHEMTRADE - SETTLED MAIN CLASS ACTION LAWSUIT RELATED TO ALLEGED ANTI-COMPETITIVE CONDUCT OF GENERAL CHEMICAL ENTITIES ACQUIRED IN 2014
* CHEMTRADE - SETTLEMENT CONSISTS OF A PAYMENT OF US$51 MILLION PLUS ASSIGNMENT OF PROCEEDS, OUTCOME OF DISPUTE WITH VENDOR OF GENERAL CHEMICAL
* CHEMTRADE - NUMBER OF RELATED CIVIL PROCEEDINGS BASED ON SAME CONDUCT REMAIN OUTSTANDING THAT WILL RESULT IN CO TAKING RESERVE OF $35 MILLION IN Q3