Financial Crime Financial Crime

500.com beats US shareholder suit over alleged Japan bribery

By Richard Vanderford
  • 21 Sep 2021 17:47
  • 21 Sep 2021 17:47
500.com, a China-based gambling company, doesn't need to face a US shareholder suit over its alleged payment of bribes in Japan, a New York federal judge said today. 

US District Judge Gary Brown agreed with a magistrate judge who found that investors weren't entitled to an early disclosure of wrongdoing from 500.com (see

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