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6-K: Alibaba Group Reaches Settlement Agreement in Shareholder Class Action Lawsuit

6-K: Alibaba Group Reaches Settlement Agreement in Shareholder Class Action Lawsuit

6-K:阿里巴巴集團就股東集體訴訟案達成和解協議
美股SEC公告 ·  2024/10/26 05:18

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Alibaba Group and certain current and former officers have reached an agreement to settle a consolidated putative shareholder class action lawsuit filed in the Southern District of New York (No. 1:20-cv-09568-GBD-JW).Under the settlement terms, Alibaba will pay US$433.5 million to resolve the lawsuit, with all defendants receiving a full release of claims. The company maintains its denial of any allegations of fault, liability, wrongdoing, or damages, emphasizing that the settlement does not constitute an admission of the claims' merit.The settlement agreement is subject to court approval, with the company stating the decision to settle was made to avoid further litigation costs and disruption to business operations.
Alibaba Group and certain current and former officers have reached an agreement to settle a consolidated putative shareholder class action lawsuit filed in the Southern District of New York (No. 1:20-cv-09568-GBD-JW).Under the settlement terms, Alibaba will pay US$433.5 million to resolve the lawsuit, with all defendants receiving a full release of claims. The company maintains its denial of any allegations of fault, liability, wrongdoing, or damages, emphasizing that the settlement does not constitute an admission of the claims' merit.The settlement agreement is subject to court approval, with the company stating the decision to settle was made to avoid further litigation costs and disruption to business operations.
阿里巴巴(臨時代碼)及某些現任和前任高管已達成協議,解決在紐約南區提起的合併假定股東集體訴訟(案號:1:20-cv-09568-GBD-JW)。根據和解條款,阿里巴巴將支付43350萬美元來解決該訴訟,所有被告都將獲得完全解放索賠的權利。該公司堅持否認任何過失、責任、不當行爲或損害的指控,強調和解不構成對索賠合理性的承認。和解協議需經法院批准,該公司表示決定和解是爲了避免進一步的訴訟成本和對業務運營的干擾。
阿里巴巴(臨時代碼)及某些現任和前任高管已達成協議,解決在紐約南區提起的合併假定股東集體訴訟(案號:1:20-cv-09568-GBD-JW)。根據和解條款,阿里巴巴將支付43350萬美元來解決該訴訟,所有被告都將獲得完全解放索賠的權利。該公司堅持否認任何過失、責任、不當行爲或損害的指控,強調和解不構成對索賠合理性的承認。和解協議需經法院批准,該公司表示決定和解是爲了避免進一步的訴訟成本和對業務運營的干擾。
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