09202018Headline:

Alibaba face lawsuit over IPO: U.S. appeals court

Alibaba must face renewed lawsuit over IPO: U.S. appeals court NEW YORK (Pakistan Press Club) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd (BABA.N) of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public. The 2nd U.S. […]