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Altimeo Asset Management v. Qihoo 360 Technology Co. Ltd. et al
Case Number:
1:19-cv-10067
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 13, 2024
Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit
Investors suing Chinese software company Qihoo 360 Technology Co. Ltd. asked a New York federal judge to approve a $29.75 million settlement ending claims the firm worked to push down its share price in order to pay shareholders an unfairly low price when it went private by means of a $9.3 billion merger.
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January 09, 2024
Qihoo 360, Investors Agree To End $9.3B Merger Suit
Plaintiffs in a proposed class action against Chinese software company Qihoo 360 Technology Co. Ltd. have reached a settlement with the company, dropping the suit brought by investors following the company's $9.3 billion merger that took it private.
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October 19, 2023
Qihoo Investors Seek Class Cert. In $9.3B Merger Suit
Investors in Chinese internet company Qihoo 360 have urged a Manhattan federal judge to grant class certification in a suit alleging the firm worked to push down its share price in order to pay shareholders an unfairly low price when it went private by means of a $9.3 billion merger.
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March 22, 2023
Qihoo Sees $9.3B Investor Suit Trimmed
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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August 17, 2020
Qihoo Beats Investor Suit Over $9.3B Take-Private Deal
A New York federal judge on Friday tossed a proposed class action against Chinese software company Qihoo that claimed it misled shareholders about a 2016 take-private deal, saying the plaintiffs didn't show the company and its executives lied.