Shuaa Capital announced the issuance of a final ruling in its favor from the Court of Cassation, rejecting the appeal filed by one of the former members of the executive board against the company in a lawsuit, and obliging him to bear the costs and attorney's fees. The company clarified that the lawsuit was related to labor claims amounting to approximately 22 million dirhams, noting that the Court of Appeal had previously upheld the initial ruling that rejected the lawsuit for lacking a legal or factual basis.
Shuaa Capital Wins Lawsuit Against Former Executive Board Member
Shuaa Capital secured a legal victory against a former executive board member. The Court of Appeal dismissed the appeal and ordered the defendant to cover all legal costs.