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Court dismisses lawsuit filed by Ezdan’s unit against Investors

Court dismisses lawsuit filed by Ezdan’s unit against Investors
(Photo credit: Arabianeye - Reuters)
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Doha – Mubasher: Qatari Investors Group said Tuesday that the lawsuit filed by Al-Ruba Al-Khali Trading and Services Company, a subsidiary of Ezdan Holdings, against the group was dismissed.

The lawsuit was filed against some board members of the Qatari Investors Group, requesting them a compensation of QAR 3 million for material and moral damages suffered by not disclosing the case plus compel them to pay the legal expenses, according to a bourse statement.

The court dismissed the case and compelled the plaintiffs to pay all expenses.