M&A Research Institute Holdings Inc. (JP:9552) has released an update.
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M&A Research Institute Holdings Inc. is facing a lawsuit from e-LogiT co., ltd., which claims the company breached its duty of care as an intermediary in a transaction involving Avis Japan Corporation. The lawsuit seeks damages amounting to JPY 317.3 million against both M&A Research and Avis Japan’s representative. However, M&A Research denies these allegations, labeling the lawsuit as unfounded and damaging to its reputation.
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