Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Tencent Music Entertainment Group (TME) Class Action Lawsuit (September 2019)

Closed

23-756 • September 26, 2019

Class Period Start

December 12, 2018

Class Period End

August 26, 2019

PSLRA Deadline

November 25, 2019

Case Allegations

10b5

Statutes of Repose

Dec 12, 2021

Country

United States

Court

Federal Court

Docket History

May 26, 2023

On Appeal

Mar 31, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Mar 11, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jan 10, 2022

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Tencent Music Entertainment Group. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Mar 31, 2021

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

May 15, 2020

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Feb 2, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Tencent Music Entertainment Group. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Dec 9, 2019

Scheduling Order

Dec 3, 2019

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Sep 26, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Tencent Music Entertainment Group.

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