BABA INVESTOR ALERT: Securities Class Action Filed Against Alibaba Group Holding Limited – Investors Encouraged to Contact Kirby McInerney LLP
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Alibaba Group Holding Limited (“Alibaba” or the “Company”) (NYSE: BABA) common stock between June 26, 2025 and June 24, 2026, inclusive (“the Class Period”).
If you suffered a loss on your Alibaba investments, you have until October 5, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is This Lawsuit About? The lawsuit alleges that Alibaba made materially false and/or misleading statements, as well as failed to disclose adverse facts, including that: (i) under the National Defense Authorization Act, any entities directly or indirectly controlled or affiliated with the Chinese Ministry of Industry and Information Technology (“MIIT”) were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the MIIT; and (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was ongoing.
