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Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Alibaba Group Holding Ltd. (“Alibaba” or the “Company”) (NYSE: BABA) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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

What Is The Investigation About?

On November 14, 2024, Financial Times published an article entitled “White House memo claims Alibaba is helping Chinese military target US.” According to the article, the memo provided declassified intelligence about how Alibaba provides “the People’s Liberation Army with capabilities that the White House believes threaten US security.” Moreover, “Alibaba 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.”

On this news, Alibaba’s shares fell $6.04, or 3.78%, to close at $153.80 per share on November 14, 2025.

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.

On this news, Alibaba’s stock price fell $3.00, or 1.9%, to close at $155.73 per share on February 13, 2026.

Then, on March 19, 2026, Alibaba reported weaker-than-expected financial results, with revenue missing consensus estimates “primarily due to weaker transaction activities and phase-out of the impact of software service fee implementation.”

On this news, Alibaba’s stock price fell $9.53, or 7.1%, to close at $124.90 per share on March 19, 2026, thereby injuring investors further.

Contact Us To Participate or Learn More:

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:

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

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

Industry:

The Law Offices of Frank R. Cruz

NYSE:BABA
Release Versions
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Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

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