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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 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 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 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 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 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,
14h
Robert W. Baird Raises Alibaba Group (NYSE:BABA) Price Target to $110.00
Alibaba Group (NYSE:BABA – Free Report) had its price target hoisted by Robert W. Baird from $88.00 to $110.00 in a research ...
5d
Alibaba: Time To Bail Out
Alibaba Group Holding's stock started to surge in September and appears to have peaked in early October. This surge was ...
4d
Alibaba and Ally Financial have been highlighted as Zacks Bull and Bear of the Day
Chicago, IL – October 23, 2024 – Zacks Equity Research shares Alibaba Group BABA as the Bull of the Day and Ally Financial ...
2d
Star Chinese fund manager bets on Alibaba, liquor stocks for shareholder returns
A star Chinese fund manager made new investments in Alibaba Group Holding in the third quarter, making the e-commerce giant ...
10d
Alibaba And JD.com Ease Rivalry, Share Logistics In Response To Economic Challenges
Alibaba Group Holding (NYSE:BABA) and its Chinese hyperscalar rivals have responded to the domestic regulatory crackdown and ...
Yahoo Finance
2d
Alibaba Group Holding Limited (BABA)
In this article, we are going to take a look at where
Alibaba Group Holding Limited
(NYSE:BABA) stands against the other e-commerce stocks to buy according to hedge funds. The Retail Debreif ...
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 ...
11d
Better Stock: Baidu or Alibaba?
Investors have largely ignored Chinese companies in recent years amid challenges such as the tech crackdown by the Chinese ...
Sixth Tone
12d
For Alibaba, This Year’s ‘Singles’ Day’ Is a Brutal Dogfight
As it gears up for its flagship shopping festival, the Chinese e-commerce giant is fighting a desperate battle to defend its ...
2d
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 ...
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