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ALIBABA STOCKHOLDER ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Alibaba Group Holding Ltd. and Encourages Investors to Contact the Firm

GlobeNewswire Inc.·
ALIBABA STOCKHOLDER ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Alibaba Group Holding Ltd. and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against Alibaba Group Holding Ltd. for allegedly making false and misleading statements regarding its control by or affiliation with China's Ministry of Industry and Information Technology (MIIT), which would classify it as a Chinese military company under the National Defense Authorization Act. The lawsuit also alleges the company failed to disclose ongoing risks of distillation attacks against third-party AI models. The class period covers securities purchased between June 26, 2025 and June 24, 2026, with investors having until October 5, 2026 to apply as lead plaintiff.

Read Full Article at GlobeNewswire Inc.
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