October 17, 2019
A New York federal judge granted final approval Wednesday to a $250 million settlement that resolves securities claims against Alibaba Group Holding Ltd. and provides class counsel, The Rosen Law Firm PA, with $62.5 million in fees.
September 12, 2019
Attorneys who secured a tentative $250 million from Alibaba Group Holding Ltd. to resolve investors' allegations that it failed to disclose regulatory scrutiny ahead of a $25 billion initial public offering asked a New York federal court Wednesday for $62.5 million in fees.
April 29, 2019
Alibaba Group Holding Ltd. agreed Monday in New York federal court to pay $250 million to resolve investors' lawsuit over a stock drop they say was caused by the company's failure to disclose regulatory scrutiny ahead of its $25 billion initial public offering.
November 06, 2018
Alibaba will have to show a New York federal judge nearly a dozen documents it listed on a privilege log in a securities suit over its $25 billion initial public offering, according to a Tuesday order in an ongoing fight over whether the documents should be kept secret.
October 31, 2018
Investors suing China's Alibaba Group Holding Ltd. over its $25 billion initial public offering urged a New York federal court Tuesday to require the production of certain documents, saying the e-commerce giant can't assert privilege by simply editing the document descriptions to pertain to U.S. rather than Chinese matters.
June 22, 2016
Alibaba's failure to mention an "informal meeting" with Chinese regulators in its $25 billion initial public offering is not a material omission, according to a New York judge who on Tuesday dismissed a proposed securities class action against the e-commerce giant.