Court preliminarily approves Alphabet derivative settlement with $500M compliance commitment

Alphabet Inc.

Court preliminarily approved settlement of derivative action alleging Alphabet directors failed to oversee antitrust risks.
Alphabet commits at least $500 million over up to 10 years for cross-company global compliance initiatives.
Settlement requires new Board Risk and Compliance Committee and management oversight enhancements.
Final approval hearing set for September 30, 2025; defendants deny all wrongdoing.
No direct payments to shareholders; benefits go to Alphabet.

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