What Rejected Renren Settlement Means For Investor Suits

By Peter Shakro, Jonathan Schenker and Muhammad Faridi (March 2, 2022, 3:31 PM EST) -- This past December, in In re: Renren Inc. Derivative Litigation, Justice Andrew Borrok of the New York County Commercial Division rejected a proposed $300 million settlement between Renren Inc. and minority shareholders....

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