Bronstein, Gewirtz & Grossman LLC Urges Capricor Therapeutics, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
The complaint says Alibaba hid MIIT ties and an ongoing risk of distillation attacks on third-party AI models, which allegedly misled investors.
- On Sunday, August 16, 2026, Bronstein, Gewirtz & Grossman, LLC filed a class action lawsuit against Alibaba Group Holding Limited alleging federal securities law violations between June 26, 2025 and June 24, 2026.
- The complaint alleges Alibaba failed to disclose its affiliation with the MIIT, which under the National Defense Authorization Act classifies entities as Chinese military companies, while concealing ongoing risks from AI distillation attacks against third-party models.
- These undisclosed affiliations and AI security vulnerabilities allegedly rendered Alibaba's prior positive statements regarding business operations and prospects materially false and lacking reasonable basis.
- Investors who suffered losses in Alibaba securities have until October 5, 2026, to request that the Court appoint them as lead plaintiff in the class action.
- Bronstein, Gewirtz & Grossman operates on a contingency fee basis, meaning legal fees and out-of-pocket expenses are reimbursed from recoveries only if the litigation succeeds.
8 Articles
8 Articles
Brampton Guardian
Kaplan Fox Advises Capricor Therapeutics, Inc. (NASDAQ: CAPR) Investors to Act Before the Lead Plaintiff Deadline on September 28, 2026
NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Capricor Therapeutics, Inc. (“Capricor” or the “Company”) (NASDAQ: CAPR) on behalf of investors that purchased or otherwise…
Peabody Energy Class Action Deadline Nears for Investors
ST. LOUIS, MO – August 16, 2026 (STL.News) Investors in Peabody Energy Corporation (NYSE: BTU) face an August 24, 2026, deadline to ask a federal court to appoint them lead plaintiff in a securities class action alleging the coal producer and certain executives made materially false or misleading statements concerning production and operational challenges at the company’s Centurion mine. The pending case, McGeachy v. Peabody Energy Corporation, …
Coverage Details
Bias Distribution
- 57% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
