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,
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 ...
Alibaba: Time To Bail Out
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Alibaba and Ally Financial have been highlighted as Zacks Bull and Bear of the Day
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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 ...
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 ...
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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 ...
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 ...
Better Stock: Baidu or Alibaba?
Investors have largely ignored Chinese companies in recent years amid challenges such as the tech crackdown by the Chinese ...
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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 ...
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 ...