Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Alibaba Group Holding Limited (NYSE: BABA) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Alibaba securities between June 26, 2025, and June 24, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case.
Alibaba Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose that:
- 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;
- Alibaba was directly or indirectly controlled by or affiliated with the MIIT;
- the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent occurrence, but was ongoing; and
- as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
What’s Next for Alibaba Investors?
A class action lawsuit has already been filed. You may review a copy of the Complaint. You may also contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911. If you suffered a loss in Alibaba you have until October 5, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff.
BABA — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”