Didi and Grab Holdings are among the high profile New York-listed Asian companies to be facing securities class action lawsuits in the U.S. Lawyers say a new wave is coming, and issuers’ choice of defense counsel is more crucial than ever.
March 29, 2022 at 08:14 PM
7 minute read
The original version of this story was published on Law.com International
The recent volatility of the U.S. stock market has triggered a wave of class-action lawsuits against Asian companies listed in the U.S.
Recent stock price declines and fluctuations, due partly to the war in Ukraine, have resulted in even more such suits, making some high-profile Asian companies big targets for securities class actions.
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