EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Alibaba Group Holding Limited Investors – BABA
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Alibaba Group Holding Limited (NYSE: BABA) between June 26, 2025 and June 24, 2026, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Alibaba investors under the federal securities laws.
To join the Alibaba class action, go to https://rosenlegal.com/cases/alibaba-group-holding-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) under the National Defense Authorization Act (the “NDAA”), any entities directly or indirectly controlled by or affiliated with the MIIT were considered a Chinese military company; (2) Alibaba was directly or indirectly controlled by or affiliated with the MIIT; (3) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (4) as a result, defendants’ statements about Alibaba’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
