ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC is investigating whether certain recent statements issued by Alibaba Group Holdings Limited (“Alibaba” or the “Company”) (BABA) regarding its business and operations complied with the federal securities laws. On January 28, 2015, various media reported that China’s main corporate regulator, the State Administration for Industry and Commerce, released a report which criticized Alibaba for engaging in illegal conduct. The allegations include claims that Alibaba’s websites included products offered by unlicensed or unregistered vendors and fake goods. The price of Alibaba stock fell significantly following the news.
If you purchased BABA common stock and suffered a loss on that investment, you are encouraged to contact Holzer & Holzer, LLC and its attorneys Corey D. Holzer, Esq. (cholzer@holzerlaw.com) or Marshall P. Dees (mdees@holzerlaw.com) via toll-free telephone at (888) 508-6832, to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.