{"id":746305,"date":"2023-04-10T15:46:06","date_gmt":"2023-04-10T19:46:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eros-media-world-plc-announces-settlement-of-securities-class-action-suit\/"},"modified":"2023-04-10T15:46:06","modified_gmt":"2023-04-10T19:46:06","slug":"eros-media-world-plc-announces-settlement-of-securities-class-action-suit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eros-media-world-plc-announces-settlement-of-securities-class-action-suit\/","title":{"rendered":"Eros Media World Plc Announces Settlement of Securities Class Action Suit"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Eros Media World Plc Announces Settlement of Securities Class Action Suit<\/b><\/p>\n<p>DOUGLAS, Isle of Man&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEros Media World PLC (\u201cEros Media\u201d, \u201cEros\u201d or the \u201cCompany\u201d), a global Indian media and entertainment company, announces the settlement of a putative securities class action pending in the United States District Court for the District of New Jersey captioned <i>In re Eros International Plc Securities Litigation<\/i>, No. 19-cv-14125 (the \u201cAction\u201d).<\/p>\n<p>\nA stipulation and settlement agreement (the \u201cStipulation\u201d), which was filed with the court on April 5, 2023, provides for the complete dismissal with prejudice of all claims asserted against the Company and individual defendants in the Action. The Stipulation remains subject to court approval and other conditions.<\/p>\n<p><b><span class=\"bwuline\">About Eros Media World Plc<\/span><\/b><\/p>\n<p>\nFor more information about Eros Media World Plc, (\u201cEros Media\u201d, \u201cEros\u201d or the \u201cCompany\u201d) please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.erosmediaworld.com&amp;esheet=53379176&amp;newsitemid=20230410005392&amp;lan=en-US&amp;anchor=www.ErosMediaWorld.com&amp;index=1&amp;md5=5363547221d984a2eaab6d0752552e97\">www.ErosMediaWorld.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230410005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230410005392\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230410005392\/en\/<\/a><\/span><\/p>\n<p><b><span class=\"bwuline\">Company Contact:<br \/>\n<\/span><\/b><br \/>EMWP Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@erosintl.com\">investors@erosintl.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Isle of Man Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Entertainment General Entertainment TV and Radio Film &amp; Motion Pictures Legal<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Eros Media World Plc Announces Settlement of Securities Class Action Suit DOUGLAS, Isle of Man&#8211;(BUSINESS WIRE)&#8211; Eros Media World PLC (\u201cEros Media\u201d, \u201cEros\u201d or the \u201cCompany\u201d), a global Indian media and entertainment company, announces the settlement of a putative securities class action pending in the United States District Court for the District of New Jersey captioned In re Eros International Plc Securities Litigation, No. 19-cv-14125 (the \u201cAction\u201d). A stipulation and settlement agreement (the \u201cStipulation\u201d), which was filed with the court on April 5, 2023, provides for the complete dismissal with prejudice of all claims asserted against the Company and individual defendants in the Action. The Stipulation remains subject to court approval and other conditions. About Eros Media World Plc For &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eros-media-world-plc-announces-settlement-of-securities-class-action-suit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eros Media World Plc Announces Settlement of Securities Class Action Suit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-746305","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eros Media World Plc Announces Settlement of Securities Class Action Suit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eros-media-world-plc-announces-settlement-of-securities-class-action-suit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eros Media World Plc Announces Settlement of Securities Class Action Suit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eros Media World Plc Announces Settlement of Securities Class Action Suit DOUGLAS, Isle of Man&#8211;(BUSINESS WIRE)&#8211; Eros Media World PLC (\u201cEros Media\u201d, \u201cEros\u201d or the \u201cCompany\u201d), a global Indian media and entertainment company, announces the settlement of a putative securities class action pending in the United States District Court for the District of New Jersey captioned In re Eros International Plc Securities Litigation, No. 19-cv-14125 (the \u201cAction\u201d). A stipulation and settlement agreement (the \u201cStipulation\u201d), which was filed with the court on April 5, 2023, provides for the complete dismissal with prejudice of all claims asserted against the Company and individual defendants in the Action. The Stipulation remains subject to court approval and other conditions. 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