Chinese Sports Lottery Biz Settles IPO Suit For $2.5M
By Joyce Hanson ( October 31, 2016, 1:43 PM EDT) -- China-based 500.com Ltd. and investors who filed a proposed class action against the online sports lottery service over its 2013 initial public offering in the United States told a California federal court on Friday that they had reached a $2.5 million settlement agreement....
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