Yingli Green, Solyndra To Settle Lawsuit - Quick Facts

(RTTNews) - Yingli Green Energy Holding Company Limited (YGE) announced together with its U.S. subsidiary, Yingli Green Energy Americas, it has reached an agreement with the Solyndra Residual Trust to settle a anti-trust and unfair trade practice lawsuit filed in the U.S. District Court of the Northern District of California.

Yingli will make an immediate payment of $7.5 million to Solyndra, and the lawsuit against Yingli will be dismissed with prejudice. Solyndra will also release Yingli and all of its affiliates from any similar claims or allegations in the future.