Robbins LLP is reminding investors of a class action lawsuit filed against Alibaba Group Holding Limited. The legal action covers the period between June 26, 2025, and June 24, 2026.
The complaint alleges Alibaba failed to disclose its affiliation with the Chinese military. This omission reportedly exposed the company to U.S. sanctions against Chinese military firms.
The U.S. government added Alibaba to its list of Chinese military companies on June 8, 2026. This designation caused a decline in the company's share price.
Investors have until October 5, 2026, to file as lead plaintiff in the case.