BlackBerry Settles Eight-year-old Lawsuit Over BlackBerry 10
Kamis, 07 April 2022 | 19:44 WIB
ILUSTRASI. BlackBerry had agreed to pay US$ 165 million to settle a more than eight year old class action lawsuit brought against it. REUTERS/Bobby Yip/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE SEARCH BUSINESS WEEK AHEAD JUNE 20 FOR ALL IMAGES
KONTAN.CO.ID - BlackBerry said on Thursday, it had agreed to pay US$ 165 million to settle a more than eight year old class action lawsuit brought against it. BlackBerry allegedly defrauding shareholders by exaggerating BlackBerry 10 smartphone's success and profitability.
Under the agreement, which requires a judge's approval, the payment will be made to settle claims brought on behalf of those who bought the company's shares between March 28, 2013 and Sept. 20, 2013.
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