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Crown Resorts $125M China Arrest Settlement Approved by Aussie Federal CourtWritten by: Philip Conneller

A federal court in Melbourne has approved a AU$125 million (US$89 million) resolution to settle a class-action lawsuit brought against Crown Resorts by disgruntled shareholders. The case has been simmering since 2017 when investors sued the operator over the arrest of 19 staff members in China a year earlier. Crown’s stock plummeted 20 percent on
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Crown Resorts $125M China Arrest Settlement Approved by Aussie Federal CourtWritten by: Philip Conneller

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