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Tag: Southern District of New York

The securities class action lawsuit against Alibaba Group dismissed by U.S. District Court for the Southern District of New York

San Francisco, 2016-Jun-27 — /EPR Retail News/ — Alibaba Group (NYSE: BABA) today announced that the U.S. District Court for the Southern District of New York dismissed in its entirety a consolidated securities class action lawsuit brought against Alibaba Group and several executives concerning disclosures primarily made in connection with the company's initial public offering. The Court…

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