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By
FDI Creative Services
on 04/29/2019
Category:
Security News
Alibaba to pay $250 million to settle lawsuit over pre-IPO warning on counterfeiting
Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its ability to stop counterfeiting before it went public in 2014.
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