Tag: Veon

Veon must face shareholder lawsuit over share inflation scandal

Veon must face shareholder lawsuit over share inflation scandal

Written by on September 20, 2017 in News with 0 Comments

NEW YORK (Reuters) – A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls. U.S. District Judge Andrew Carter in Manhattan ruled on Tuesday that shareholders […]

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