Renrens $300 Million Settlement With Investors Rejected, Causing U.S. Share Price to Plunge 53%
Chinese social media company Renren Inc.s $300 million settlement with a group of investors who accused its co-founders of self-dealing was rejected by a New York state judge, sending its U.S. share price on a plunge of 53%. The post Renrens $300 Million Settlement With Investors Rejected, Causing U.S. Share Price to Plunge 53% appeared first on Pandaily .
Renrens $300 Million Settlement With Investors Rejected, Causing U.S. Share Price to Plunge 53%
Chinese social media company Renren Inc.s $300 million settlement with a group of investors who accused its co-founders of self-dealing was rejected by a New York state judge, sending its U.S. share price on a plunge of 53%. The post Renrens $300 Million Settlement With Investors Rejected, Causing U.S. Share Price to Plunge 53% appeared first on Pandaily .