Portnoy Law Firm Probes Alibaba for Securities Fraud, Eyes Class Action

Reuters
4 hours ago
Portnoy Law Firm Probes Alibaba for Securities Fraud, Eyes Class Action

A US law firm has opened an investigation into Alibaba Group Holding Ltd. over potential securities fraud and said it may file a class action lawsuit on behalf of investors. The firm is seeking to hear from shareholders to discuss legal rights and possible claims to recover losses.

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