Excerpt:
Investors in a China-headquartered provider of internet data center services who sued the company as a class for allegedly artificially driving up the price of its stock filed a motion on Monday in Texas federal court seeking preliminary approval of a $9 million settlement offer. Lead movant Emily Wu, on behalf of herself and all others who similarly acquired 21Vianet Group Inc. American depositary shares between Aug. 20, 2013, and Aug. 16, 2016, and were allegedly damaged thereby, filed the motion for preliminary approval as a... [...]
