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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 ·  10/26 05:18

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Alibaba Group Holding Limited has reached an agreement to settle a consolidated shareholder class action lawsuit, as disclosed in a Form 6-K filed with the U.S. Securities and Exchange Commission on October 25, 2024. The lawsuit, known as In re: Alibaba Group Holding Ltd. Securities Litigation, involved certain current and former officers and directors of the company. Under the terms of the settlement, Alibaba has agreed to pay $433.5 million. The settlement will provide a full release of all claims against all defendants and is subject to various conditions, including court approval. Alibaba has stated that the settlement is not an admission of wrongdoing or liability and that the company denies all allegations. The decision to settle was made to avoid further litigation costs and disruption.
Alibaba Group Holding Limited has reached an agreement to settle a consolidated shareholder class action lawsuit, as disclosed in a Form 6-K filed with the U.S. Securities and Exchange Commission on October 25, 2024. The lawsuit, known as In re: Alibaba Group Holding Ltd. Securities Litigation, involved certain current and former officers and directors of the company. Under the terms of the settlement, Alibaba has agreed to pay $433.5 million. The settlement will provide a full release of all claims against all defendants and is subject to various conditions, including court approval. Alibaba has stated that the settlement is not an admission of wrongdoing or liability and that the company denies all allegations. The decision to settle was made to avoid further litigation costs and disruption.
阿里巴巴(臨時代碼)已達成協議解決一起綜合股東集體訴訟案,詳情披露在2024年10月25日提交給美國證券交易委員會的6-k表格中。這起訴訟,即In re: 阿里巴巴(臨時代碼)控股有限公司證券訴訟,涉及公司某些現任和前任高管與董事。根據和解條款,阿里巴巴(臨時代碼)同意支付43350萬美元。和解將全面解除對所有被告的任何索賠,需要法院批准等一系列條件。阿里巴巴(臨時代碼)表示該和解不構成任何過錯或責任的承認,公司否認所有指控。決定和解是爲了避免進一步的訴訟成本和干擾。
阿里巴巴(臨時代碼)已達成協議解決一起綜合股東集體訴訟案,詳情披露在2024年10月25日提交給美國證券交易委員會的6-k表格中。這起訴訟,即In re: 阿里巴巴(臨時代碼)控股有限公司證券訴訟,涉及公司某些現任和前任高管與董事。根據和解條款,阿里巴巴(臨時代碼)同意支付43350萬美元。和解將全面解除對所有被告的任何索賠,需要法院批准等一系列條件。阿里巴巴(臨時代碼)表示該和解不構成任何過錯或責任的承認,公司否認所有指控。決定和解是爲了避免進一步的訴訟成本和干擾。
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