Google will earn 500 million US dollars to resolve a shareholder lawsuit

shareholders ' Interested in the Google case, the search business, as well as others

1 ” Span> “Span>”/”SPAN>”/> 1 X.com reddit Bluesky

, while a higher anti-alignment trial is continuing compared to Google, the company has reached the removal of academies.The Ministry of Justice continues to want Google to break, and this case can be controlled by August. But separately, the shareholders, led by two pension funds, took Google to the court for violations of antimonopoly legislation, and, according to Reuters, this case could now be settled.

Google and the shareholders said that the agreed settlement, which will allow the company to occupy half a billion dollars to revise its structure of compliance. They say that these investments will be spent over the next 10 years, although settlement obliges that such changes in accordance with the requirements should remain in place of at least 4 years.

“These reforms, rarely achieved in derivatives of shareholders, are a comprehensive revision of the alphabet of conformity,” said lawyers representing shareholders. They added that this led to a “deep -rooted change in culture” for Google.

such a case, excited by shareholders against the company, is called a derivative trial. In this case, he was specially sent against officials in the Maternal company Google Alphabet, including the current General Director of Sundar Pichai.

the lawsuit claimed that Google officers failed in their duties to shareholders, subjecting the company of responsibility for antimonopoly equipment. This responsibility is related to its search, Android and applications distribution enterprises, as well as its advertising technologies.

Google continues to deny any offenses. The proposed settlement was submitted late on Friday, May 30, 2025, and now it should be approved by the district judge of the United States Rita Lin in San Francisco.

Lawyers of shareholders, it is reported that they plan to look for up to $ 80 million in addition to settlement in the amount of 500 million US dollars for payment and expenses.

neither the lawyers of the shareholders or Google publicly commented.