{"id":33990,"date":"2026-07-10T01:55:00","date_gmt":"2026-07-09T23:55:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=2534476cebbf66f36d46e48ea93ae1d6"},"modified":"2026-07-10T01:55:00","modified_gmt":"2026-07-09T23:55:00","slug":"securities-fraud-investigation-into-alibaba-group-holding-ltd-baba-continues-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz-2","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=33990","title":{"rendered":"Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues \u2013 Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> continues its investigation of Alibaba Group Holding Ltd. (\u201cAlibaba\u201d or the \u201cCompany\u201d) (NYSE: BABA<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.<\/p><\/a><\/a>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON ALIBABA GROUP HOLDING LTD. (BABA), CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.<\/b><\/p>

What Is The Investigation About?<\/b><\/p>

On November 14, 2024, Financial Times <\/i>published an article entitled \u201cWhite House memo claims Alibaba is helping Chinese military target US.\u201d According to the article, the memo provided declassified intelligence about how Alibaba provides \u201cthe People\u2019s Liberation Army with capabilities that the White House believes threaten US security.\u201d Moreover, \u201cAlibaba also provides the Chinese government and PLA with access to customer data that includes IP addresses, WiFi information and payment records, as well as different AI-related service.\u201d<\/p>

On this news, Alibaba\u2019s shares fell $6.04, or 3.78%, to close at $153.80 per share on November 14, 2025.<\/p>

Then, on February 13, 2026, the Pentagon added Alibaba to a list of companies aiding the Chinese military before withdrawing the list only minutes later without explanation.<\/p>

On this news, Alibaba\u2019s stock price fell $3.00, or 1.9%, to close at $155.73 per share on February 13, 2026.<\/p>

Then, on March 19, 2026, Alibaba reported weaker-than-expected financial results, with revenue missing consensus estimates \u201cprimarily due to weaker transaction activities and phase-out of the impact of software service fee implementation.\u201d<\/p>

On this news, Alibaba\u2019s stock price fell $9.53, or 7.1%, to close at $124.90 per share on March 19, 2026.<\/p>

Then, on June 11, 2026, Bloomberg News reported that the Beijing branch of State Administration for Market Regulation summoned Alibaba representatives \"over what officials said was false advertising<\/b><\/i> during the annual '618' midyear online shopping festival.\"<\/p>

On this news, Alibaba\u2019s stock price fell $1.64, or 1.4%, to close at $112.69 per share on June 11, 2026.<\/p>

Then, on July 1, 2026, the US Department of Justice published a press release stating that Alibaba had \u201centered a non-prosecution agreement to pay $600 million to resolve the Justice Department\u2019s allegations that they violated the Federal Food, Drug, and Cosmetic Act (FDCA) by failing to prevent merchants from selling and importing illegal pharmaceuticals, controlled substances, listed chemicals, and pill presses into the United States\u201d through its e-commerce platforms.<\/p>

On this news, Alibaba\u2019s stock price fell $1.85 or 1.9%, to close at $96.14 per share on July 2, 2026, thereby injuring investors further.<\/p>

Contact Us To Participate or Learn More: <\/b><\/p>

If you purchased Alibaba securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p>

The Law Offices of Frank R. Cruz,2121 Avenue of the Stars, Suite 800,Century City, California 90067 Call us at: 310-914-5007Visit our website at: www.frankcruzlaw.com<\/a>. Email us at: info@frankcruzlaw.com<\/a>Follow us for updates on Twitter at twitter.com\/FRC_LAW<\/a>.<\/p>

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz310-914-5007fcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz continues its investigation of Alibaba Group Holding Ltd. (\u201cAlibaba\u201d or the \u201cCompany\u201d) (NYSE: BABA) on behalf of investors concerning the Company\u2019s possible violations of federal securities…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-33990","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/33990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33990"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/33990\/revisions"}],"predecessor-version":[{"id":33991,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/33990\/revisions\/33991"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}