Alibaba Settles Shareholder Lawsuit for $433.5 Million
Alibaba (BABA) has released an update. Alibaba Group has agreed to a $433.5 million settlement to resolve a shareholder class action lawsuit,
Alibaba to pay $433.5m to settle lawsuit
China's Alibaba Group Holding Limited said on Friday that it had agreed to pay $433.5 million to settle a US class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant.
Alibaba to pay $433.5 million to settle shareholder lawsuit over monopoly claims
China's Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant.
Alibaba Agrees To $433.5M Settlement In Shareholder Class Action Lawsuit
In a recent development, Alibaba Group (NYSE:BABA) has decided to settle a class-action lawsuit filed by its shareholders for $433.5 million. The lawsuit alleged that the company had made misleading statements about its exclusivity practices.
Alibaba Agrees to $433.5 Million Settlement in Shareholder Lawsuit
The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices.
Alibaba to pay $433.5M to settle class-action shareholder lawsuit in US
Alibaba (NYSE:BABA) has agreed to pay $433.5M to settle a class-action lawsuit filed in the US that alleged the Chinese e-commerce giant engaged in monopolistic practices and the failed initial public offering from its Ant Group unit,
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Alibaba Group Holding Limited (BABA)
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