Qihoo Sees $9.3B Investor Suit Trimmed

By Emilie Ruscoe (March 22, 2023, 6:42 PM EDT) -- A Manhattan federal judge has trimmed claims from investors' proposed class action alleging Chinese internet company Qihoo 360 and three of its executives conspired to depress trading prices for the company's American depositary shares so its shareholders could be paid an unfairly low price ahead of its $9.3 billion go-private merger in 2016....

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