Alignment Healthcare closes stockholder lawsuit; pays $950k in fees

Alignment Healthcare, Inc.

Court closed the Maglione v. Konowiecki stockholder lawsuit on April 9, 2025, after company agreed to pay $950,000 in attorneys' fees.
Company did not admit fault or wrongdoing in the settlement.
Payment was previously disclosed and court did not review reasonableness of fees.
Case was dismissed as moot after amended stockholders agreement with General Atlantic and Warburg Pincus.

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