{"id":411325,"date":"2021-01-08T15:55:40","date_gmt":"2021-01-08T20:55:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411325"},"modified":"2021-01-08T15:55:40","modified_gmt":"2021-01-08T20:55:40","slug":"tuesday-deadline-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-alibaba-group-holding-limited-and-encourages-investors-with-losses-in-excess-of-1000000-to-contact","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tuesday-deadline-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-alibaba-group-holding-limited-and-encourages-investors-with-losses-in-excess-of-1000000-to-contact\/","title":{"rendered":"TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm"},"content":{"rendered":"

<\/p>\n

TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Alibaba Group Holding Limited (\u201cAlibaba\u201d or \u201cthe Company\u201d) (NYSE: BABA<\/a>) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.\n<\/p>\n

\nInvestors who purchased the Company’s securities between July 9, 2020 and December 23, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before January 12, 2021.\n<\/p>\n

\nIf you are a shareholder who suffered a loss, click here to participate<\/a>.\n<\/p>\n

\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com<\/a>, or by email at brian@schallfirm.com<\/a>.\n<\/p>\n

\nThe class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.\n<\/p>\n

\nAccording to the Complaint, the Company made false and misleading statements to the market. Alibaba held a 33% ownership stake in Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), which planned an initial public offering (\u201cIPO\u201d) for October 2020. Alibaba failed to disclose that Ant Group did not meet the qualifications for listing. Upcoming changes to Fintech regulations would seriously impact Ant Group. Ant Group\u2019s IPO was likely to be suspended. Based on these facts, the Company\u2019s public statements were false and materially misleading throughout the class period. When the market learned the truth about Alibaba, investors suffered damages.\n<\/p>\n

Join the case<\/a> to recover your losses.\n<\/p>\n

\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210108005550\/en\/<\/a><\/span><\/p>\n

\nThe Schall Law Firm
\n
Brian Schall, Esq.
\n
www.schallfirm.com
\n<\/a>
Office: 310-301-3335
\n
info@schallfirm.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Alibaba Group Holding Limited (\u201cAlibaba\u201d or \u201cthe Company\u201d) (NYSE: BABA) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between July 9, 2020 and December 23, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before January 12, 2021. If you are … <\/p>\n

Continue reading “TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411325","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tuesday-deadline-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-alibaba-group-holding-limited-and-encourages-investors-with-losses-in-excess-of-1000000-to-contact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Alibaba Group Holding Limited (\u201cAlibaba\u201d or \u201cthe Company\u201d) (NYSE: BABA) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. 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Investors who purchased the Company’s securities between July 9, 2020 and December 23, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before January 12, 2021. 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