Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, October 16, 2026
Courthouse News Service
Friday, October 16, 2026 | Back issues
Courthouse News Service Courthouse News Service

Chinese Tech

Directors of Qihoo 360 Technology made false and misleading statements to sell the company on the cheap, in a $9.3 billion transaction, shareholders claim in a federal class action.

MANHATTAN — Directors of Qihoo 360 Technology made false and misleading statements to sell the company on the cheap, in a $9.3 billion transaction, shareholders claim in a federal class action.

Categories / Securities, Technology

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.