Alphabet Investor Suit Ends After $500 Million Deal for Reforms

Alphabet Inc.‘s leaders have obtained a final judgment but will remain subject to court oversight for regulatory compliance reforms worth $500 million in settlement of investor claims.

Judge Rita F. Lin entered the judgment Wednesday in the derivative suit over alleged monopolistic practices by Alphabet’s Google. The US District Court for the Northern District of California will retain jurisdiction for issues related to the settlement’s administration, interpretation, implementation, and enforcement, Lin said.

• The investors alleged the officers and directors were responsible for the company’s anticompetitive business practices in advertising, searching, Google Play services, and other areas, exposing it to ...