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IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces An Investigation of Claims Against Alibaba Group Holdings Limited And Advises Investors With Losses To Contact The FirmGoldberg Law PC (http://www.Goldberglawpc.com) announces that it is investigating claims of potential misrepresentations by Alibaba Group Holdings Limited ("Alibaba" or the "Company") (NYSE: BABA). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors. If you purchased or otherwise acquired Alibaba shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999Avenue of the Stars Suite 1100, Los Angeles, CA (News - Alert) 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm's website at http://www.Goldberglawpc.com, or by email at [email protected]. The investigation concerns whether the Company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Specifically, the investigation will focus on the Company's May 24, 2016, SEC (News - Alert) Form 20-F, which announced that the SEC had requested information relating to "consolidation policies and practices (including [the Company's] accounting for Cainiao Network as an equity method investee)" and "policies and practices applicable to related party transactions in general, and [the Company's] reporting of operating data from Singles Day" (a popular online shopping holiday in China). If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at [email protected]. Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: http://www.businesswire.com/news/home/20160525006236/en/ |
