$21M Deal Confirmed In Chinese E-Commerce Merger Suit

 A New York federal judge confirmed a final arbitration award approving a $21 million settlement reached in a long-running shareholder class action against Chinese e-commerce giant Dangdang, which alleged that minority shareholders were shortchanged when the company went private in 2016.

Read more at: https://www.law360.com/articles/2516304/-21m-deal-confirmed-in-chinese-e-commerce-merger-suit?copied=1