{"success":true,"data":{"pressRelease":{"id":"115700","rtpr_id":"nGNX9pvNBP","ticker":"9988","exchange":"HKEX","all_tickers":["9988"],"title":"BABA Investors Have Opportunity to Lead Alibaba Group Holding Limited Securities Fraud Lawsuit with SBS Law","author":"Globe Newswire","published_at":"2026-08-11T14:17:28.100Z","article_body":"LOS ANGELES, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP\n(https://www.globenewswire.com/Tracker?data=B-z2JC9kRsjmBNY9BrbsMapbb9ChbAcb2RZLIJbsbMbfI6D3r-oEYNQmhAEV9U2XwQ4f_2b8c3I93apr_t9Kaj4rwLbJgG3XMUxqeqr5z9OvScK213VEwiSe0HUe4XxE)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Alibaba Group Holding Limited (“Alibaba”\nor “the Company”) (NYSE: BABA\n(https://www.globenewswire.com/Tracker?data=ceXolOSVtVR1GMOx5xSpB0ePx6nbXqlIIYf8TYwyU9tkc-x1AsTxCjpH5ApHJCR5beyP2wgsScH0KJ6TXBak7d3SofIIM3geGHVRaG-4hlk=))\nfor violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of BABA during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: June 26, 2025 to June 24, 2026\n\nDEADLINE: October 5, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://www.globenewswire.com/Tracker?data=qRiHfa3K5lF6Ac5k9aTL0bk77T7y07oGAFdLdXOumuS9ibYMvHQZCQ-UO8ewQ6etPwCDUE8ENNWGLVW9qvHkZxzFoA3BdsVJJGgokesAVUX9XnXs-s6muNIZNdEXcKmCOwEJ-GLdZtzPvqQkS7Znss6itsO7HegTKCxxvAkekxI=).\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Alibaba was under the direct or indirect\ncontrol of the Chinese Ministry of Industry and Information, or otherwise\naffiliated with the Chinese government. This affiliation could lead the\nCompany to be considered a Chinese military company under the National Defense\nAuthorization Act. The risk of the Company undertaking a distillation attack\non a major Western AI model was not a mere hypothetical, but an actual ongoing\nactivity. Based on these facts, the Company’s public statements were false\nand materially misleading throughout the class period. When the market learned\nthe truth about Alibaba, investors suffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com, or by email\nat david@schallfirm.com.\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://www.globenewswire.com/Tracker?data=YK6bOv8VMcEtUWkL7h_bC36M4sWC_MOQmrPme_29Jt1kIy3zPKtm-H9g36yJREmUbuzqv6FFfIevzleYlJKvpxUfOElPBESEab1WJ9mFKzJFnG7QRte00dPZBrsnK2UJJ824Lts58YeK-5x_U9ovdQ==)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the world\nand specializes in securities class action lawsuits and shareholder rights\nlitigation. Bringing together the extensive experience and diverse skillsets\nof founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is\ndedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.        \n\nCONTACT:\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\nOffice: 310-301-3335\ninfo@schallfirm.com\n\nSOURCE:\n\nSchall, Brown & Schwartz LLP\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1ae5f6-3843-4b48-9c73-0b3760ba856a)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9pvNBP","title":"BABA Investors Have Opportunity to Lead Alibaba Group Holding Limited Securities Fraud Lawsuit with SBS Law","author":"Globe Newswire","ticker":"9988","created":"2026-08-11T14:17:28.100Z","tickers":["9988"],"exchange":"HKEX","article_body":"LOS ANGELES, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP\n(https://www.globenewswire.com/Tracker?data=B-z2JC9kRsjmBNY9BrbsMapbb9ChbAcb2RZLIJbsbMbfI6D3r-oEYNQmhAEV9U2XwQ4f_2b8c3I93apr_t9Kaj4rwLbJgG3XMUxqeqr5z9OvScK213VEwiSe0HUe4XxE)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Alibaba Group Holding Limited (“Alibaba”\nor “the Company”) (NYSE: BABA\n(https://www.globenewswire.com/Tracker?data=ceXolOSVtVR1GMOx5xSpB0ePx6nbXqlIIYf8TYwyU9tkc-x1AsTxCjpH5ApHJCR5beyP2wgsScH0KJ6TXBak7d3SofIIM3geGHVRaG-4hlk=))\nfor violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of BABA during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: June 26, 2025 to June 24, 2026\n\nDEADLINE: October 5, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://www.globenewswire.com/Tracker?data=qRiHfa3K5lF6Ac5k9aTL0bk77T7y07oGAFdLdXOumuS9ibYMvHQZCQ-UO8ewQ6etPwCDUE8ENNWGLVW9qvHkZxzFoA3BdsVJJGgokesAVUX9XnXs-s6muNIZNdEXcKmCOwEJ-GLdZtzPvqQkS7Znss6itsO7HegTKCxxvAkekxI=).\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Alibaba was under the direct or indirect\ncontrol of the Chinese Ministry of Industry and Information, or otherwise\naffiliated with the Chinese government. This affiliation could lead the\nCompany to be considered a Chinese military company under the National Defense\nAuthorization Act. The risk of the Company undertaking a distillation attack\non a major Western AI model was not a mere hypothetical, but an actual ongoing\nactivity. Based on these facts, the Company’s public statements were false\nand materially misleading throughout the class period. When the market learned\nthe truth about Alibaba, investors suffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com, or by email\nat david@schallfirm.com.\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://www.globenewswire.com/Tracker?data=YK6bOv8VMcEtUWkL7h_bC36M4sWC_MOQmrPme_29Jt1kIy3zPKtm-H9g36yJREmUbuzqv6FFfIevzleYlJKvpxUfOElPBESEab1WJ9mFKzJFnG7QRte00dPZBrsnK2UJJ824Lts58YeK-5x_U9ovdQ==)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the world\nand specializes in securities class action lawsuits and shareholder rights\nlitigation. Bringing together the extensive experience and diverse skillsets\nof founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is\ndedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.        \n\nCONTACT:\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\nOffice: 310-301-3335\ninfo@schallfirm.com\n\nSOURCE:\n\nSchall, Brown & Schwartz LLP\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1ae5f6-3843-4b48-9c73-0b3760ba856a)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-11T14:17:28.142007614Z","server_sent_at_ms":1786457848142},"received_at":"2026-08-11T14:17:28.207Z","source_url":null},"analysis":{"id":"104693","press_release_id":"115700","analysis_json":{"industry":{"label":"Internet & Direct Marketing Retail","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"legal_litigation","narrative":"Schall, Brown & Schwartz LLP issued a solicitation notice regarding a class action lawsuit against Alibaba Group Holding Limited, covering the class period from June 26, 2025 to June 24, 2026.\n\nThe complaint alleges securities fraud based on claims that the company made false statements about its control by the Chinese government and military, as well as ongoing AI distillation attacks.\n\nThe firm set an October 5, 2026 deadline for lead plaintiff motions, while noting the class has not yet been certified.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney.","namedEntities":{"people":[{"name":"Brian Schall","role":"Partner"},{"name":"Andrew Brown","role":"Partner"},{"name":"David Schwartz","role":"Partner"}],"products":[],"companies":[{"name":"Alibaba Group Holding Limited","ticker":"9988","relationship":"target"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Schall, Brown & Schwartz LLP. No new disclosure from the issuer; no certified class, no settlement."},"tickerRelevance":{"others":[{"ticker":"BABA","relevance":"same_issuer"}],"primary":"9988"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Schall, Brown & Schwartz LLP issued a solicitation notice regarding a class action lawsuit against Alibaba Group Holding Limited, covering the class period from June 26, 2025 to June 24, 2026.\n\nThe complaint alleges securities fraud based on claims that the company made false statements about its control by the Chinese government and military, as well as ongoing AI distillation attacks.\n\nThe firm set an October 5, 2026 deadline for lead plaintiff motions, while noting the class has not yet been certified.","key_figures":null,"named_entities":{"people":[{"name":"Brian Schall","role":"Partner"},{"name":"Andrew Brown","role":"Partner"},{"name":"David Schwartz","role":"Partner"}],"products":[],"companies":[{"name":"Alibaba Group Holding Limited","ticker":"9988","relationship":"target"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-11T19:40:22.600Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":142928,"modelName":"glm-4.7"}}