3
Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers show.
The preliminary settlement of so-called derivative litigation against officials at Google parent Alphabet , including Chief Executive Sundar Pichai and Google co-founders Sergey Brin and Larry Page, was filed late on Friday.
It requires approval by U.S. District Judge Rita Lin in San Francisco.
The changes include creating a standalone board committee…
