Class-action lawsuits against listed companies are popular in the U.S. as a cost-effective way for investors to recover losses suffered from a drop in the price of their shares after wrongdoing such as false information disclosure is exposed.
In Depth: Why More Chinese Companies Are Getting Sued by Aggrieved Investors
2025年01月08日 15:29
The number of class-action lawsuits accepted by China’s courts has jumped in the last few months as the government seeks to boost confidence in the stock market
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- In China, class-action lawsuits were not allowed until 2020, when shareholders got the right, for the first time ever, to collectively sue companies for losses suffered as a result of corporate wrongdoing. Photo: AI generated
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