ErosSTX Global (ESGC) Announces Settlement Agreement with Manuel Asensio

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Eros STX Global Corporation Announces Settlement Agreement with Manuel Asensio

April 21, 2021 9:07 AM EDT

DOUGLAS, Isle of Man & BURBANK, Calif.--(BUSINESS WIRE)-- Eros STX Global Corporation (ErosSTX or the Company) (NYSE: ESGC), a global entertainment company, is pleased to announce today that it has reached a settlement favorably resolving all matters with Manuel P. Asensio, Asensio & Company, Inc., and Mill Rock Advisors, Inc.

As previously disclosed, on September 29, 2017, Eros International Plc, a predecessor of ErosSTX, filed a lawsuit in New York state court against Mr. Asensio, a well-known short-seller, and several of his companies in connection with... More