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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:阿里巴巴集团就股东集体诉讼案达成和解协议
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(临时代码)已达成协议,解决了一起集体股东索赔集体诉讼案,详细披露于2024年10月25日提交给美国证券交易委员会的6-k表格中。该诉讼案,即In re: 阿里巴巴(临时代码)控股有限公司证券诉讼,涉及公司的某些现任和前任高管和董事。根据和解条款,阿里巴巴同意支付43350万美元。和解将对所有被告提起的所有诉讼提供充分豁免,并受到各种条件的约束,包括法院批准。阿里巴巴表示,和解并非承认有过错或责任,公司否认所有指控。决定达成和解是为了避免进一步的诉讼费用和干扰。
阿里巴巴(临时代码)已达成协议,解决了一起集体股东索赔集体诉讼案,详细披露于2024年10月25日提交给美国证券交易委员会的6-k表格中。该诉讼案,即In re: 阿里巴巴(临时代码)控股有限公司证券诉讼,涉及公司的某些现任和前任高管和董事。根据和解条款,阿里巴巴同意支付43350万美元。和解将对所有被告提起的所有诉讼提供充分豁免,并受到各种条件的约束,包括法院批准。阿里巴巴表示,和解并非承认有过错或责任,公司否认所有指控。决定达成和解是为了避免进一步的诉讼费用和干扰。

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