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Chinese ride-hailing company Didi Global must face US investor lawsuit over IPO

In a 54-page decision on Thursday, U.S. District Judge Lewis Kaplan in Manhattan federal court said investors who brought the proposed class action sufficiently pleaded that Didi and various officials intended to defraud them in raising more than $4.4 billion in the June 30, 2021 IPO.

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​ In a 54-page decision on Thursday, U.S. District Judge Lewis Kaplan in Manhattan federal court said investors who brought the proposed class action sufficiently pleaded that Didi and various officials intended to defraud them in raising more than $4.4 billion in the June 30, 2021 IPO. In a 54-page decision on Thursday, U.S. District Judge Lewis Kaplan in Manhattan federal court said investors who brought the proposed class action sufficiently pleaded that Didi and various officials intended to defraud them in raising more than $4.4 billion in the June 30, 2021 IPO.  Moneycontrol Latest News Read More  

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