A Deadline is coming up on January 12, 2021 in the lawsuit for certain investors in Alibaba Group Holding Limited (NYSE:BABA).
San Diego, CA -- (SBWIRE) -- 01/12/2021 -- A deadline is coming up on January 12, 2021 in the lawsuit filed for certain investors of Alibaba Group Holding Limited (NYSE: BABA).
Investors who purchased shares of Alibaba Group Holding Limited (NYSE: BABA) have certain options and there are strict and short deadlines running. Deadline: January 12, 2021. NYSE: BABA stockholders should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Alibaba Group Holding Limited (NYSE: BABA) common shares between October 21, 2020 and November 3, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 21, 2020 and November 3, 2020, the Defendants failed to disclose to investors that Ant Group did not meet listing qualifications or disclosure requirements for certain material matters, that that certain impending changes in the Fintech regulatory environment would impact Ant Group's business, that, as a result of the foregoing, Ant Group's IPO was reasonably likely to be suspended, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Alibaba Group Holding Limited (NYSE: BABA) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.