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UFCW Local 1500 Pension Fund v. Mayer et al
Case Number:
3:16-cv-00478
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Nature of Suit:
Multi Party Litigation:
Class Action
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February 10, 2017
Pension Suit Over Yahoo Investment In Alibaba Again Tossed
A California federal judge on Friday told a pension fund that he did not have the authority to revoke an exemption granted to Yahoo by the U.S. Securities and Exchange Commission that excepted the tech giant from registering as an investment company and, for the second time, dismissed its shareholder derivative suit.
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October 19, 2016
Yahoo Beats Securities Suit Over Alibaba Investment
Yahoo beat a pension fund's accusations that the technology giant has been illegally operating as an investment company after a California federal judge ruled Wednesday that a 16-year-old pact with the U.S. Securities and Exchange Commission trumped the investors' claims.
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June 14, 2016
Yahoo Fires Back At Securities Suit Over Alibaba Investment
Yahoo said Friday that a 16-year-old pact with the U.S. Securities and Exchange Commission exempting the technology company from registering as an investment company defeats claims in a California federal suit aimed at ousting CEO Marissa Mayer and the company's entire board.