PLDT proposes to pay $3 million in lawsuit settlement

PLDT Inc. has proposed to pay $3 million in relation to the securities class-action lawsuit filed by US shareholders due to the company’s budget overrun, the telco giant announced on Thursday. On Feb. 16, the company entered into a “stipulation of settlement” to resolve the class action filed by its shareholders in the Central District […]

PLDT proposes to pay $3 million in lawsuit settlement
PLDT Inc. has proposed to pay $3 million in relation to the securities class-action lawsuit filed by US shareholders due to the company’s budget overrun, the telco giant announced on Thursday. On Feb. 16, the company entered into a “stipulation of settlement” to resolve the class action filed by its shareholders in the Central District […]