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Shareholder files securities class action against Alibaba over alleged misstatements

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A shareholder filed a securities fraud class action against Alibaba Group Holding for investors who bought BABA between June 26, 2025 and June 24, 2026. The suit alleges materially false and misleading statements and omissions about operations, growth prospects, and financial stability. The filing invites lead-plaintiff participation under a contingency-fee arrangement, with no upfront fees to shareholders.

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