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Second Circuit in Altimeo Asset Management v. Qihoo 360 Technology Co. issued a pair of decisions addressing threshold requirements for securities fraud claims under Section 10b of the Securities Exchange Act of 1934 and Rule 10b-5.
Local market regulators in China on Tuesday fined subsidiaries of Alibaba Group Holding Ltd and 360 Security Technology Inc for engaging in false advertising.
CHINA-REGULATOR (UPDATE 1):UPDATE 1-Local Chinese regulators fine Alibaba-backed browser for false advertising
Local market regulators in China fined subsidiaries of Alibaba Group and 360 Security Technology for engaging in false advertising.
360 Security shares fall after TV report By OUYANG SHIJIA | China Daily | Updated: 2021-03-17 09:30 Share CLOSE A sign of Qihoo 360 Technology Co Ltd is pictured at Internet Security Conference 2018 in Beijing, Sept 4, 2018. [Photo/Agencies] Shares of 360 Security Technology Inc fell by 0.36 percent to 14.02 yuan ($2.16) per share on Tuesday in Shanghai, after the Chinese security company, known for its antivirus software, was exposed during an annual consumer rights show. China Central Television said in its 315 Evening Gala telecast...