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Court Clarifies Record Date and Indicates Willingness to Approve Proposed Settlement in Renren Derivative Litigation | Patterson Belknap Webb & Tyler LLP - Vimarsana News

Court Clarifies Record Date and Indicates Willingness to Approve Proposed Settlement in Renren Derivative Litigation | Patterson Belknap Webb & Tyler LLP

In our recent article What Rejected Renren Settlement Means for Investor Suits, we analyzed Justice Andrew Borrok’s decision rejecting a proposed $300 million settlement between Renren,...