Twitter To Pay $809 Mn To Settle Suit Claiming Investors Were Misled
Faizan Hashmi Published September 20, 2021 | 09:06 PM
Twitter announced Monday that it would pay $809 million to settle a 2016 lawsuit alleging that the social network's founder Jack Dorsey and others provided misleading information to investors
New York, (APP - UrduPoint / Pakistan Point News - 20th Sep, 2021 ) :Twitter announced Monday that it would pay $809 million to settle a 2016 lawsuit alleging that the social network's founder Jack Dorsey and others provided misleading information to investors.
"The proposed settlement resolves all claims asserted against Twitter and the other named defendants without any admission, concession or finding of any fault, liability or wrongdoing," the company said in a statement.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
3 hours ago
ICC Asia looking forward to an action-packed Asia Cricket Week
3 hours ago
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
3 hours ago
Greece hands Olympic flame to 2024 Paris Games hosts
3 hours ago
Two Kyiv hospitals evacuating over feared Russian strikes
3 hours ago
World must act on neurotech revolution, say experts
3 hours ago
Charles & Catherine's cancer diagnoses
3 hours ago
Champions Alcaraz and Sabalenka through in Madrid Open
3 hours ago
King Charles to resume some public duties during cancer treatment: palace
3 hours ago
US defense chief announces $6 bn in security aid for Ukraine
3 hours ago
Heavy rains cause damage to Spezand-Taftan railway track
3 hours ago
Woman stabbed in Israel, attacker killed: police
3 hours ago