Reid Collins Secures Settlement Delivering Potential Nine-Figure Relief for Fang Holdings and Its Shareholders
October 30, 2025 – New York, NY — Reid Collins & Tsai LLP has secured a Stipulation of Settlement resolving the Oasis Investments II Master Fund Ltd. v. Mo et al. shareholder derivative action on behalf of nominal defendant Fang Holdings Limited. The settlement, which is subject to court approval, provides potential nine-figure relief to Fang and its minority shareholders through a combination of substantial cash consideration, the transfer of valuable equity interests, and significant corporate governance reforms.
Under the Stipulation of Settlement, the defendants have agreed to make a $30 million cash payment to benefit Fang’s minority shareholders and to transfer 20,471,063 shares of CIH Holdings Limited to Fang. In addition to these significant financial benefits, the settlement provides meaningful corporate governance changes designed to ensure future oversight and accountability.
“We are very satisfied with the settlement terms,” said Aaron Brown, lead Reid Collins attorney on the matter. “This result not only delivers immediate financial recovery to shareholders but also provides significant assets to Fang and embeds stronger corporate controls for the future. It’s a clear win for the company and its investors.”
The settlement follows more than two years of intensive litigation, including a recent sanctions ruling by the New York Supreme Court striking defendants’ answers from the record.
“This is an extraordinary result for Fang and its shareholders,” said William T. Reid IV, Founding Partner of Reid Collins. “The combination of a $30 million cash payment, CIH Holdings shares, and structural governance reforms collectively provide nine-figure relief to the company—representing a transformative outcome that vindicates the rights of minority shareholders.”
The Stipulation of Settlement, executed on October 25, 2025, is pending final approval before Justice Andrew Borrok of the New York Supreme Court, Commercial Division.
The Reid Collins & Tsai team is comprised of attorneys William T. Reid IV, Aaron Brown, Michael Yoder, Yonah Jaffe, Seth Roye, Tarek Saad, and Nathaniel J. Palmer, along with paralegals Mina Myers and Frances Lau.
Read the full text Stipulation of Settlement
Prior results do not guarantee a similar outcome.