NEW YORK, Sept 10 (Reuters) - DiDi Global, the
Chinese ride-hailing company, settled a class-action lawsuit
claiming it defrauded investors by concealing and disobeying a
Chinese government order to postpone its 2021 initial public
offering, a Wednesday court filing shows.
In a letter filed in Manhattan federal court, a lawyer for
the plaintiffs said both sides are negotiating the terms of a
stipulation of settlement, and expect to formally seek
settlement approval in mid-October. Terms were not disclosed.