<p>According to the news from Zhitong Finance and Economics APP, Alibaba-W (09988) announced that the company, along with current and former executives and directors, has reached a settlement agreement on the previously disclosed class action lawsuit titled In re: Alibaba Group Holding Ltd. Securities Litigation, No. 1:20-cv-09568-GBD-JW (S.D.N.Y.). Under the agreement, the group has agreed to pay $433.5 million to settle the aforementioned case, and all defendants receive a full waiver of all claims made in the lawsuit</p>

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BABA

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<p>Alibaba-W announced that it has reached a settlement agreement with current and former executives and directors to resolve the shareholder class action lawsuit titled In re: Alibaba Group Holding Ltd. Securities Litigation. Under the agreement, Alibaba has agreed to pay $433.5 million, and all defendants will receive a full waiver of claims made in the lawsuit</p>

- Alibaba Group has announced a settlement agreement regarding the consolidated class action lawsuit titled "In re: Alibaba Group Holding Ltd. Securities Litigation."  
- The company and its current and former executives will pay $433.5 million to resolve the claims in the lawsuit.  
- All defendants will receive a full release from all claims made in the litigation.  

Alibaba-W reaches settlement agreement in shareholder class action lawsuit