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 […]