{"success":true,"data":{"pressRelease":{"id":"160896","rtpr_id":"nGNXb4BvwY-20261005","ticker":"BABA","exchange":"NYSE","all_tickers":["BABA","9988"],"title":"BABA DEADLINE ALERT: Hagens Berman Alerts Alibaba Group Holding Limited Investors to Today’s Lead Plaintiff Deadline in Securities Fraud Class Action","author":"Globe Newswire","published_at":"2026-10-05T16:25:55.093Z","article_body":"SAN FRANCISCO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro\nLLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered\nsubstantial losses submit their losses now\n(https://www.globenewswire.com/Tracker?data=kiIpATaY6-eoCeJj6Aly5PAPzC_LR8YBDR5zvKgwoSdBu_zAS73VMaJ467VTWbHk7KuYGgouoa3nwKWsj5rK21vsEJgUUSfODcWYgp9Qwdhn3tJBiJhPeYEXq2wTx4-j2wrAhEDApG9O8YtjtS73qn64B4EecF6yILQWfViqbd4ILc-9tp9eqcvI6PqfiVQR).\n\nA securities fraud class action lawsuit has been filed against Alibaba, and\ninvestors are encouraged to contact the firm regarding potential recoveries\nand lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group\nHolding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and\ncertain of its executive officers of violating the Securities Exchange Act of\n1934.\n\nClass Period: June 26, 2025 – June 24, 2026\nLead Plaintiff Deadline: Oct. 5, 2026\nVisit: www.hbsslaw.com/baba \nContact the Firm Now: BABA@hbsslaw.com \n                                        844-916-0895\n\nVideo: www.youtube.com/watch?v=Mt00-HjZs8U\n\nCore Allegations\n\nThe lawsuit alleges that Alibaba and certain executives misrepresented and\nfailed to disclose adverse facts pertaining to the Company’s business which\nwere known to Defendants or recklessly disregarded by them. Specifically,\nDefendants made false and/or misleading statements and/or failed to disclose\nthat:\n* Under the National Defense Authorization Act (NDAA), any entities directly\nor indirectly controlled by or affiliated with the Chinese Ministry of\nIndustry and Information Technology (MIIT) were considered a Chinese military\ncompany;\n* Alibaba was directly or indirectly controlled by or affiliated with the\nMIIT;\n* The risk of Alibaba carrying out distillation attacks against third- party\nAI models was not a mere hypothetical or inadvertent, but ongoing; and\n* As a result, Defendants’ public statements about Alibaba’s business,\noperations, and prospects were materially false and/or misleading at all\nrelevant times.\nThe Truth Emerges\n\nThe truth regarding Alibaba’s regulatory exposure and illicit business\npractices was revealed through a series of partial corrective disclosures:\n* June 8, 2026: The U.S. Department of Defense added Alibaba to its list of\nChinese military companies under the NDAA due to its ties to the MIIT. On this\nnews, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.\n* June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that\nAlibaba fraudulently accessed Anthropic’s Claude AI models via thousands of\nfake accounts to execute unauthorized \"distillation\" attacks to train its own\nmodels. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at\n$95.07 on June 25, 2026.\nThe complaint alleges that as a result of Defendants' misleading statements\nand omissions, investors suffered substantial losses when the artificial\ninflation was removed from the stock.\n\nHagens Berman’s Investigation\n\nRead Hagens Berman's detailed analysis on the alleged AI securities fraud by\nAlibaba, including claims that the company misled shareholders\n(https://www.globenewswire.com/Tracker?data=RnDIdxvRQVa7PpL1c3mePktk7IcRz8Bivk2G0ReQTvFNZYEXTQVp7NaOqmpgpOkeNsuFGL_OS5UpMa8esqL-GYZstywKeEAC71yggG6ZrZU5StV1LX7R5nztEKAXhfdTS0AxtZAGKYnhLktnlfCQuS9aR17TbkA_lCUTDxUY5qQ=)\nabout its artificial intelligence capabilities while secretly conducting a\nmassive industrial espionage campaign to close the gap.\n\n“We are investigating whether Alibaba executives intentionally concealed the\ncompany’s regulatory ties and engaged in fraudulent operational practices to\nmislead the market about its true risk profile and competitive position,”\nsaid Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=TboeuXZ1wd74Rd6j-1MjIyef2JS5auISUD7-4Ff7Rwh7JhcpOCR1lbZeIhrz6Ooy99h_oCQA0Z83pxb26Q_tmKP-Z6xBrfK-ko3hTFUqm0wyJcjt1dc8qKChRArePST2),\nthe Hagens Berman partner leading the firm’s investigation of the alleged\nclaims in the pending suit.\n\nWhat Affected BABA Investors Should Do\nIf you purchased or acquired Alibaba securities between June 26, 2025, and\nJune 24, 2026, and suffered significant financial losses, you have until\nOctober 5, 2026, to ask the court to appoint you as lead plaintiff. You do not\nneed to seek lead plaintiff status to share in any potential recovery.\n\nTo learn more about your legal options, submit your information to Hagens\nBerman\n(https://www.globenewswire.com/Tracker?data=kiIpATaY6-eoCeJj6Aly5BAWKQjFkOY5ZZRtOLwQakDdwpWA5QyTyfUZBy-fmUcNLTClCrMfrTaSY1D5anuDQ9iEdMKQqNgxiblI5JpD5EkwNPQRP11mp-PcoeeZM4-fSHU9zfb7hID28LdsxGe5LXRGC5Ra6OLRP1gVkGagbX7RJ760M9p21KmBGAUquEve4e_DE_ToFe18ik0kubsUAA==),\nvisit www.hbsslaw.com/baba, call Reed Kathrein at 844-916-0895, or email\nBABA@hbsslaw.com.\n\nWhistleblowers: Persons with non-public information regarding Alibaba should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email BABA@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=5wUd56WsLAo9Ibh93eaqtARGA-VWS2NruKlA4SK4hhcHljkv9BgE_KLfoGFaRbrYiGJCyyHS1ct7mYzW2LPgjZk5H4XVOXtZRyV9C_JRUzo=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=hNU3VjylzZCurPNcU4qtP8-zH066Pfa3Gz8N03R4Y8HWXIbzroGZpqK8-ZLK4IoBdMbj0ETIAKausdtc5iiSJw==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, BABA@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXb4BvwY-20261005","title":"BABA DEADLINE ALERT: Hagens Berman Alerts Alibaba Group Holding Limited Investors to Today’s Lead Plaintiff Deadline in Securities Fraud Class Action","author":"Globe Newswire","ticker":"BABA","created":"2026-10-05T16:25:55.093Z","tickers":["BABA","9988"],"exchange":"NYSE","article_body":"SAN FRANCISCO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro\nLLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered\nsubstantial losses submit their losses now\n(https://www.globenewswire.com/Tracker?data=kiIpATaY6-eoCeJj6Aly5PAPzC_LR8YBDR5zvKgwoSdBu_zAS73VMaJ467VTWbHk7KuYGgouoa3nwKWsj5rK21vsEJgUUSfODcWYgp9Qwdhn3tJBiJhPeYEXq2wTx4-j2wrAhEDApG9O8YtjtS73qn64B4EecF6yILQWfViqbd4ILc-9tp9eqcvI6PqfiVQR).\n\nA securities fraud class action lawsuit has been filed against Alibaba, and\ninvestors are encouraged to contact the firm regarding potential recoveries\nand lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group\nHolding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and\ncertain of its executive officers of violating the Securities Exchange Act of\n1934.\n\nClass Period: June 26, 2025 – June 24, 2026\nLead Plaintiff Deadline: Oct. 5, 2026\nVisit: www.hbsslaw.com/baba \nContact the Firm Now: BABA@hbsslaw.com \n                                        844-916-0895\n\nVideo: www.youtube.com/watch?v=Mt00-HjZs8U\n\nCore Allegations\n\nThe lawsuit alleges that Alibaba and certain executives misrepresented and\nfailed to disclose adverse facts pertaining to the Company’s business which\nwere known to Defendants or recklessly disregarded by them. Specifically,\nDefendants made false and/or misleading statements and/or failed to disclose\nthat:\n* Under the National Defense Authorization Act (NDAA), any entities directly\nor indirectly controlled by or affiliated with the Chinese Ministry of\nIndustry and Information Technology (MIIT) were considered a Chinese military\ncompany;\n* Alibaba was directly or indirectly controlled by or affiliated with the\nMIIT;\n* The risk of Alibaba carrying out distillation attacks against third- party\nAI models was not a mere hypothetical or inadvertent, but ongoing; and\n* As a result, Defendants’ public statements about Alibaba’s business,\noperations, and prospects were materially false and/or misleading at all\nrelevant times.\nThe Truth Emerges\n\nThe truth regarding Alibaba’s regulatory exposure and illicit business\npractices was revealed through a series of partial corrective disclosures:\n* June 8, 2026: The U.S. Department of Defense added Alibaba to its list of\nChinese military companies under the NDAA due to its ties to the MIIT. On this\nnews, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.\n* June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that\nAlibaba fraudulently accessed Anthropic’s Claude AI models via thousands of\nfake accounts to execute unauthorized \"distillation\" attacks to train its own\nmodels. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at\n$95.07 on June 25, 2026.\nThe complaint alleges that as a result of Defendants' misleading statements\nand omissions, investors suffered substantial losses when the artificial\ninflation was removed from the stock.\n\nHagens Berman’s Investigation\n\nRead Hagens Berman's detailed analysis on the alleged AI securities fraud by\nAlibaba, including claims that the company misled shareholders\n(https://www.globenewswire.com/Tracker?data=RnDIdxvRQVa7PpL1c3mePktk7IcRz8Bivk2G0ReQTvFNZYEXTQVp7NaOqmpgpOkeNsuFGL_OS5UpMa8esqL-GYZstywKeEAC71yggG6ZrZU5StV1LX7R5nztEKAXhfdTS0AxtZAGKYnhLktnlfCQuS9aR17TbkA_lCUTDxUY5qQ=)\nabout its artificial intelligence capabilities while secretly conducting a\nmassive industrial espionage campaign to close the gap.\n\n“We are investigating whether Alibaba executives intentionally concealed the\ncompany’s regulatory ties and engaged in fraudulent operational practices to\nmislead the market about its true risk profile and competitive position,”\nsaid Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=TboeuXZ1wd74Rd6j-1MjIyef2JS5auISUD7-4Ff7Rwh7JhcpOCR1lbZeIhrz6Ooy99h_oCQA0Z83pxb26Q_tmKP-Z6xBrfK-ko3hTFUqm0wyJcjt1dc8qKChRArePST2),\nthe Hagens Berman partner leading the firm’s investigation of the alleged\nclaims in the pending suit.\n\nWhat Affected BABA Investors Should Do\nIf you purchased or acquired Alibaba securities between June 26, 2025, and\nJune 24, 2026, and suffered significant financial losses, you have until\nOctober 5, 2026, to ask the court to appoint you as lead plaintiff. You do not\nneed to seek lead plaintiff status to share in any potential recovery.\n\nTo learn more about your legal options, submit your information to Hagens\nBerman\n(https://www.globenewswire.com/Tracker?data=kiIpATaY6-eoCeJj6Aly5BAWKQjFkOY5ZZRtOLwQakDdwpWA5QyTyfUZBy-fmUcNLTClCrMfrTaSY1D5anuDQ9iEdMKQqNgxiblI5JpD5EkwNPQRP11mp-PcoeeZM4-fSHU9zfb7hID28LdsxGe5LXRGC5Ra6OLRP1gVkGagbX7RJ760M9p21KmBGAUquEve4e_DE_ToFe18ik0kubsUAA==),\nvisit www.hbsslaw.com/baba, call Reed Kathrein at 844-916-0895, or email\nBABA@hbsslaw.com.\n\nWhistleblowers: Persons with non-public information regarding Alibaba should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email BABA@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=5wUd56WsLAo9Ibh93eaqtARGA-VWS2NruKlA4SK4hhcHljkv9BgE_KLfoGFaRbrYiGJCyyHS1ct7mYzW2LPgjZk5H4XVOXtZRyV9C_JRUzo=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=hNU3VjylzZCurPNcU4qtP8-zH066Pfa3Gz8N03R4Y8HWXIbzroGZpqK8-ZLK4IoBdMbj0ETIAKausdtc5iiSJw==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, BABA@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-05T16:25:55.129593579Z","server_sent_at_ms":1791217555129},"received_at":"2026-10-05T16:25:55.185Z","source_url":null},"analysis":{"id":"149449","press_release_id":"160896","analysis_json":{"industry":{"label":"Broadline Retail","sector":"Consumer Discretionary"},"redFlags":["Pending securities fraud class action against Alibaba alleging concealment of MIIT ties and AI distillation practices","Alibaba added to DoD Chinese military companies list under NDAA (June 2026)"],"eventType":"legal_litigation","narrative":"Hagens Berman issued a shareholder-solicitation notice reminding Alibaba investors of the October 5, 2026 lead plaintiff deadline in the securities fraud class action Wistisen v. Alibaba Group Holding Limited (S.D.N.Y.).\n\nThe suit covers purchasers between June 26, 2025 and June 24, 2026 and alleges Alibaba concealed MIIT affiliation, NDAA Chinese-military-company designation risk, and ongoing AI 'distillation' attacks against third-party models.\n\nThis is law-firm marketing, not new issuer disclosure; the underlying allegations (DoD listing, Anthropic claims) were previously reported and are already reflected in the stock.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm deadline solicitation on a mega-cap -- suppress posting; underlying litigation risk already public."},"keyFigures":{},"namedEntities":{"people":[{"name":"Reed Kathrein","role":"Hagens Berman partner"}],"products":["Claude AI models"],"companies":[{"name":"Alibaba Group Holding Limited","ticker":"BABA","relationship":"defendant/target of solicitation"},{"name":"Hagens Berman Sobol Shapiro LLP","relationship":"plaintiff law firm"},{"name":"Anthropic","relationship":"third party cited in allegations"}],"dollarAmounts":[{"amount":"$4.69 per share","context":"BABA ADS decline after June 8, 2026 DoD listing"},{"amount":"$4.73 per share","context":"BABA ADS decline after June 24, 2026 distillation report"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Hagens Berman reminding investors of the lead plaintiff deadline in an already-filed class action. No new issuer disclosure; no certified class or settlement."},"tickerRelevance":{"others":[],"primary":"BABA"},"globalImportance":20,"audienceRelevance":35,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":true}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman issued a shareholder-solicitation notice reminding Alibaba investors of the October 5, 2026 lead plaintiff deadline in the securities fraud class action Wistisen v. Alibaba Group Holding Limited (S.D.N.Y.).\n\nThe suit covers purchasers between June 26, 2025 and June 24, 2026 and alleges Alibaba concealed MIIT affiliation, NDAA Chinese-military-company designation risk, and ongoing AI 'distillation' attacks against third-party models.\n\nThis is law-firm marketing, not new issuer disclosure; the underlying allegations (DoD listing, Anthropic claims) were previously reported and are already reflected in the stock.","key_figures":{},"named_entities":{"people":[{"name":"Reed Kathrein","role":"Hagens Berman partner"}],"products":["Claude AI models"],"companies":[{"name":"Alibaba Group Holding Limited","ticker":"BABA","relationship":"defendant/target of solicitation"},{"name":"Hagens Berman Sobol Shapiro LLP","relationship":"plaintiff law firm"},{"name":"Anthropic","relationship":"third party cited in allegations"}],"dollarAmounts":[{"amount":"$4.69 per share","context":"BABA ADS decline after June 8, 2026 DoD listing"},{"amount":"$4.73 per share","context":"BABA ADS decline after June 24, 2026 distillation report"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T16:26:00.124Z","global_importance":20,"audience_relevance":35,"importance_components":{"tickerTier":"mega-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":true}},"durationMs":4913,"modelName":"glm-5.3-flashx"}}