Gross Law Firm notifies Alibaba shareholders of securities class action
The notice says Alibaba investors who bought shares during the stated class period may seek lead-plaintiff status by Oct. 5, 2026.
The Gross Law Firm said in a PR Newswire notice that shareholders of Alibaba Group Holding Limited who bought NYSE-listed BABA shares during the stated class period may seek lead-plaintiff status in a securities class action.
The notice says the class period runs from June 26, 2025, through June 24, 2026, and that the deadline to ask for appointment as lead plaintiff is Oct. 5, 2026. It also says investors do not have to serve as lead plaintiff to share in any recovery, if one is obtained.
According to the notice, the complaint alleges defendants made materially false and/or misleading statements and/or failed to disclose information about Alibaba’s status under the National Defense Authorization Act, the company’s relationship to China’s Ministry of Industry and Information Technology, and the risk of Alibaba carrying out distillation attacks against third-party AI models. The notice says those public statements about Alibaba’s business, operations and prospects were therefore materially false and/or misleading.
The notice says the law firm is contacting shareholders about possible lead-plaintiff appointment and provides a registration link. It lists The Gross Law Firm’s New York address as 15 West 38th Street, 12th floor, New York, NY 10018, along with contact details.
No court ruling or company response was included in the notice provided for this report.
Shareholders who believe they are eligible may contact the firm before the Oct. 5, 2026 deadline, and the court process will determine whether a lead plaintiff is appointed.
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