Market Overview

Eros International Plc Announces Full and Final Dismissal of Class Action Lawsuit

Share:

Eros International Plc (NYSE:EROS) ("Eros"), a leading global company
in the Indian film entertainment industry, today announced that the
United States Court of Appeals for the Second Circuit has issued a
Summary Order affirming the U.S. District Court's earlier dismissal,
with prejudice, of the putative securities class action that was
originally filed in November 2015 against Eros and certain of its
officers and directors.

Eros previously disclosed that, on October 23, 2017, lead plaintiffs
filed a Notice of Appeal, individually and on behalf of the putative
class, to the United States Court of Appeals for the Second Circuit. On
August 21, 2018, the Court of Appeals issued a Summary Order affirming
the District Court's dismissal with prejudice.

About Eros International Plc

Eros International Plc (NYSE:EROS) is a leading global company in the
Indian film entertainment industry that acquires, co-produces and
distributes Indian films across all available formats such as cinema,
television and digital new media. Eros International Plc became the
first Indian media company to list on the New York Stock Exchange. Eros
International has experience of over three decades in establishing a
global platform for Indian cinema. The Company has an extensive and
growing movie library comprising of over 3,000 films, which include
Hindi, Tamil, and other regional language films. The company also owns
the rapidly growing OTT platform Eros Now. For further information
please visit: www.erosplc.com

View Comments and Join the Discussion!