Alibaba announces agreement to pay 3 billion yuan for settlement! But denies any inappropriate behavior
我放心你带套猛
发表于 前天 14:06
125
0
0
On October 25th local time in the United States, Alibaba Group announced that it has agreed to pay $433.5 million (approximately 3.087 billion yuan) to settle a class action lawsuit filed by investors in the United States.
The lawsuit accuses Alibaba of monopolistic behavior, but Alibaba denies any wrongdoing and emphasizes that the settlement is only to avoid the costs and interference of further litigation.
This proposed settlement agreement has been submitted to the Manhattan Federal Court and requires approval from U.S. District Judge George Daniels.
The settlement agreement covers investors who held Alibaba US stocks from November 13, 2019 to December 23, 2020. The plaintiff's lawyer stated in court documents that the proposed agreement is an "extraordinary achievement" that far exceeds the average compensation amount in securities class action cases where investors have suffered losses exceeding $10 billion.
The lawyer emphasized that if the lawsuit continues, Alibaba investors may receive up to $11.63 billion (approximately RMB 82.881 billion) in compensation.
It is reported that for the defendant, in order to avoid lengthy litigation involving the company's time and energy, better focus on developing business, and protect the interests of investors, it is often the main reason for settling class action lawsuits. For similar considerations, the vast majority of defendants in class action lawsuits in the United States will pay settlement fees to end the litigation. Many Chinese concept stock companies listed in the United States have encountered or are currently facing class action lawsuits from overseas shareholders.
As of the close of October 25th Eastern Time, Alibaba's stock price was $97.42 per share, up 1.10%, with a market value of $233.3 billion (approximately RMB 166 trillion).
Daily Economic News Comprehensive Alibaba Announcement, Securities Times, 21st Century Business Herald, Public Information, etc
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- The world's largest sovereign wealth fund made a whopping 540 billion yuan in three months, and investment officials' remind 'to be cautious of technology stocks?
- Alibaba agrees to a settlement of 3 billion yuan! But deny any accusations!
- Alibaba agrees to pay 3 billion yuan to settle class action lawsuit, denies any misconduct
- Alibaba agrees to a settlement of 3 billion yuan! But denies any accusations
- Alibaba announces agreement to settle for 3.09 billion yuan!
-
世界の主要株式市場の取引時間延長は新たなトレンドになりつつあるようで、米国や日本などの取引所は最近、相次いで「遅延キー」を押している。 米ニューヨーク証券取引所はこのほど、傘下の全電子化取引所NYSE Arc ...
- SNT
- 昨天 16:49
- 支持
- 反对
- 回复
- 收藏
-
【米株出来高トップ20:テスラは今週22%急騰】金曜日の米株出来高1位テスラは3.34%上昇し、木曜日の22%上昇の力強い原動力を引き継いで426億4000万ドルで取引を終えた。この株は今週累計で約22%上昇した。財報によ ...
- 寒郁轩良
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
イスラエルは週末にイランに対して新たな空爆を行ったが、市場投資家の懸念は今週初めにはむしろ安堵した。イスラエルの攻撃の目標にはイランのエネルギーや核施設が含まれていないため、原油価格が月曜日に大幅に ...
- 风格飘逸风i
- 昨天 12:30
- 支持
- 反对
- 回复
- 收藏
-
【大河財立方記者・王寧深セン報道】「世界で通用する自動運転の第1株」が誕生した。米東時間10月25日、文遠知行WeRide(株式コード:WRD)がナスダック証券取引所に上場した。これは世界のRobotaxiの第1株でもある ...
- 情义无价943
- 3 天前
- 支持
- 反对
- 回复
- 收藏