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InnerworldM to Litigation SettlementsEnglish · 3 days ago

VNET Group Inc. agreed to pay ~$5.88M to resolve investor allegations that the data center company covered up a controlling shareholder’s loan default and the default’s potential effect

news.bloomberglaw.com

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VNET Group Inc. agreed to pay ~$5.88M to resolve investor allegations that the data center company covered up a controlling shareholder’s loan default and the default’s potential effect

news.bloomberglaw.com

InnerworldM to Litigation SettlementsEnglish · 3 days ago
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VNET Settles Investor Class Claims Over Founder’s Loan Default
news.bloomberglaw.com
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VNET Group Inc. agreed to pay almost $5.88 million to resolve investor allegations that the data center company covered up a controlling shareholder’s loan default and the default’s potential effect.
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Agreements between parties in a legal dispute that have resolved the case without going to trial.

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