Alibaba Slams Investors' Letter In $25B IPO Suit
By Fola Akinnibi ( April 13, 2016, 12:26 PM EDT) -- Alibaba told a New York federal judge Tuesday that two cases cited by shareholders in consolidated suits alleging the company made misstatements in the lead-up to its $25 billion initial public offering don't support the plaintiffs' claims and instead advance the company's dismissal bid....
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