Policy & Public Interest
Judge Denies Defendants' Motion To Dismiss Moement, Inc.'s Lawsuit Against GrooMore Over Trade Secret Misappropriation and Copyright Infringement Based on Substantial Similarities
LOS ANGELES, Dec. 8, 2022 /PRNewswire/ -- Judge Michael W. Fitzgerald in Los Angeles denied defendants' motion to dismiss a lawsuit against GrooMore, over allegations of trade secret misappropriation and copyright infringement in relation to Moement, Inc., a SaaS company focusing on the pet groom...
Renren Provides Update on Special Cash Distribution For Settlement Regarding Shareholder Derivative Litigation
PHOENIX, Dec. 5, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), an operator of several US-based SaaS businesses, today announced an increase in the per share amount to be paid in the special cash distribution, that was announced on November 3, 2022, relating to the set...
Global Times: Xi, Biden meet as world seeks more certainties
BEIJING, Nov. 15, 2022 /PRNewswire/ -- Current state of China-US relations is not in the fundamental interests of the two countries and peoples, and is not what the international community expects, Chinese President Xi Jinping said during his meeting with US PresidentJoe Biden in Bali, Indonesia ...
Intensive visits underscore China's diplomatic ideals widely recognized, welcomed
BEIJING, Nov. 7, 2022 /PRNewswire/ -- The past week during which four foreign leaders from countries with different political systems and economic development paths visitedBeijing attracted the world's attention, as it was a diplomacy-themed week after the Chinese top leadership laid out major s...
Noah Holdings Limited Provides Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd.
SHANGHAI, Nov. 1, 2022 /PRNewswire/ — Noah Holdings Limited (the "Company" or " Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider inChina offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net wo...
Global Times: Decisive leadership of CPC guides China to prosperity, becomes a source of global hope in world beset by complexities
BEIJING, Oct. 21, 2022 /PRNewswire/ -- In the current world increasingly perplexed by uncertainty, division and confrontation, the great striving of the Communist Party of China (CPC) is of significance not only for China, but also for the entire world more than ever. China, under the leadership ...
Global Times: Socialist road to rural development breeds a vast market in hinterland
BEIJING, Oct. 19, 2022 /PRNewswire/ -- The Harvard Business Review (HBR) has lately made quite a splash in updating the playbook for winning in the Chinese market, awakening Western multinationals in an opinion piece last week to an often overlooked role ofChina's huge rural market in underpinnin...
Renren Announces Court Approval of Settlement Regarding Shareholder Derivative Litigation
PHOENIX, June 10, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a SaaS company, today announced that a hearing was held on June 9, 2022 before the New York State Supreme Court, Commercial Division (the "Court ") for the consolidated shareholder derivative lawsuits capt...
Canadian Solar Settles Patent Litigation with Solaria
No Admission of Liability or Wrongdoing, Nor Payment
GUELPH, ON., June 8, 2022 /PRNewswire/ -- Canadian Solar Inc.
Japanese people show their anxiety towards the revision of the legal adult age
* An 18-year-old could sign a rental agreement without permission from their parents (researched by OHEYAGO) TOKYO, May 31, 2022 /PRNewswire/ -- A research about the change of the legal adult age inJapan and what it brings to the real estate market has been recently released by OHEYAGO(https://...
Farmmi Appeals Nasdaq Delisting Determination
LISHUI, China, May 27, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier inChina, today appealed the Staff Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), to a Hearings Panel (the "Pa...
Appian Awarded $2.036 Billion in Damages Against Pegasystems Inc.
Appian receives verdict from Fairfax County, Virginia jury holding Pegasystems liable for trade secret misappropriation and violation of the Virginia Computer Crimes Act MCLEAN, Va., May 10, 2022 /PRNewswire/ -- Appian (NASDAQ: APPN) announced today that it has received a verdict from a jury in ...
Cloopen Announced Formation of Independent Special Committee for Internal Investigation
BEIJING, May 3, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it has formed an independent special committee to investigate certain employee misconduct and transaction irregularities. The Company's Board of Directors (the "Board...
Yalla Group Announces Dismissal of Securities Class Action Lawsuit
DUBAI, UAE, Jan. 19, 2022 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in theMiddle East and North Africa (MENA), today announced that the lead plaintiffs in a securities class action lawsuit ag...
Court Decision: Rejecting All Claims from Delta due to No Infringement made by Appotronics
SHENZHEN, China, Jan. 10, 2022 /PRNewswire/ -- Appotronics (688007.SH) announced onJanuary 6 that, according to two civil judgments (Case No. (2019) Jing73 Min Chu No. 1275 and Case No. (2019) Jing73 Min Chu No. 1276) from Beijing Intellectual Property Court received by Appotronics, it was decide...
Appotronics Announces Litigation Against Delta Electronics for its Infringement Lawsuit
SHENZHEN, China, Dec. 31, 2021 /PRNewswire/ -- On December 20, Appotronics Corporation Limited (688007.SH, "Appotronics") made theAnnouncement of Appotronics on Litigation against Delta Electronics for its Malicious Lawsuits, which reads that Appotronics filed a suit against Delta Electronics for...
Nisun International Announces Dismissal of Class Action Lawsuit
SHANGHAI, Dec. 16, 2021 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry and finance, today announced the result of the class action ...
Renren Inc. Provides Update on Proposed Settlement re Shareholder Derivative Action
PHOENIX, Dec. 9, 2021 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), today announces that a hearing was held today before the New York State Supreme Court, Commercial Division (the "Court") in the consolidated shareholder derivative lawsuits captionedIn re Renren, Inc. Deri...
Wise-Sync Settles Legal Claims with NVoiceFlow
MELBOURNE, Australia, Dec. 7, 2021 /PRNewswire/ -- Wise-Sync has settled its claims in the Supreme Court ofVictoria against its former customer Linden Technology Group (T/AS Lindentech), Nvoiceflow Pty Ltd and their common managing directorJawid Dadarkar. Wise-Sync alleged that Nvoiceflow was cr...
Nam Tai Issues Statement regarding the Hearing of Three Applications Filed Subsequent to the Appeal Judgment Dated October 4, 2021
SHENZHEN, China, and TORTOLA, British Virgin Islands, Nov. 11, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) is to provide an update regarding the hearing held onNovember 8, 2021 in relation to the three applications filed on October 18, 2021, subsequ...
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