You are here: Home » News-CM » Companies » News
Business Standard

Dr. Reddy's Laboratories settles a class action for USD 9 mn

Capital Market 

Dr. Reddy's Laboratories, Dr.

Reddy's, Inc., and certain of the Company's current or former directors and officers have entered into a Stipulation and Agreement of Settlement (the Stipulation) on 15 May 2020 with Lead Plaintiff the Public Employees' Retirement System of Mississippi in the putative securities class action filed against the Defendants in the United States District Court for the District of New Jersey. As consideration for the settlement of the class action, the Company has agreed to pay U. S. $9 million.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 18 2020. 11:34 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU