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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 denied wrongdoing,
Alibaba Agrees to $433.5 Million Settlement in Shareholder Lawsuit
Alibaba Group has agreed to pay $433.5 million to settle a class-action lawsuit waged by shareholders that in part alleged the company hurt investors by making misstatements about its exclusivity practices.
Alibaba Settles U.S. Investor Lawsuit for $433.5 Million, Denies Monopoly Claims
Alibaba has reached a $433.5 million settlement with U.S. investors who accused the company of monopolistic practices, marking a significant financial move. Though Alibaba denies any misconduct, it chose settlement
Alibaba settles shareholder monopoly suit with $433.5 million payment
Alibaba has agreed to pay $433.5 million to settle a shareholder lawsuit that accused the e-commerce giant of engaging in monopolistic practices. On Friday, China's e-commerce giant will pay a large amount to resolve a US class-action
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 $433.5M to settle shareholder class action lawsuit
In a regulatory filing, Alibaba (BABA) stated, “Alibaba Group Holding and certain of our current and former officers and directors have
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,
2h
Alibaba Becomes Key Holding in Chinese Fund Manager's Portfolio, Economic Measures Spark Interest in Leading Tech
Chinese fund manager Zhang Kun bought 40.4 million Alibaba shares, making it the 2nd-largest holding in his $8.5B portfolio, ...
13d
Alibaba Still Has Room to Run: How China’s Stimulus Drives Growth
Alibaba's stock rally, fueled by China's stimulus, AI advancements, and cloud growth, will continue pointing to significant ...
3d
Alibaba: Sell Before It's Too Late (Downgrade)
Alibaba’s shares are falling after the market questions the effectiveness of China’s stimulus package. Explore more details ...
3d
Positive Outlook for Alibaba: Strong Platform, Strategic Initiatives, and Growth Opportunities
Alibaba (BABA – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Colin ...
10h
Alibaba agrees to US$433.5 million shareholder lawsuit settlement
China's Alibaba had agreed to pay US$433.5 million to settle a US class-action lawsuit filed by investors alleging ...
4d
Alibaba: China's Stimulus Effect Is Already Wearing Off
Alibaba's stock made gains from late September into early October due to monetary stimulus for the Chinese economy. Read why ...
2d
Alibaba Maintains Share Structure with Strategic Buybacks
Alibaba (BABA) has released an update. Alibaba Group Holding Limited has disclosed changes in its issued shares without altering the overall ...
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