Alibaba Group Holding Ltd Investigated by the Portnoy Law Firm

LOS ANGELES, March 02, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Alibaba Group Holding Ltd, (“BABA" or the "Company") (NYSE: BABA) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. 

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/alibaba-group-holding-ltd. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

Palantir’s stock price fell $13.98, or 7.5%, to close at $173.07 per share on October 3, 2025, thereby injuring investors. This occurred following a Reuters report published on October 3, 2025, detailing an Army memo from early September that raised concerns about NGC2, a battlefield communications platform developed by Anduril Industries Inc. and Palantir. The memo alleged the system was flawed, citing “critical deficiencies in fundamental security controls, processes, and governance” and stating that the companies' communications networks were susceptible to “insider threats, external attacks, and data spillage.”

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com 

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