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Deadline Alert: Alibaba Group Holding Limited (BABA) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
GlobeNewswire Inc.·
A securities fraud class action lawsuit has been filed against Alibaba Group Holding Limited on behalf of investors who purchased securities between June 26, 2025 and June 24, 2026. The lawsuit alleges that Alibaba failed to disclose its affiliation with China's Ministry of Industry and Information Technology (MIIT), which classified it as a Chinese military company under the National Defense Authorization Act, and concealed ongoing unauthorized access to third-party AI models. The stock declined following these disclosures in June 2026. The deadline to file a lead plaintiff motion is October 5, 2026.
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