Is Alibaba hiding more secrets? The truth behind their $433.5m settlement

Is Alibaba hiding more secrets? The truth behind their $433.5m settlement

In a landmark move, Alibaba Group Holding Ltd. has agreed to pay $433.5 million to settle a high-stakes shareholder class-action lawsuit in the United States. This legal battle, which has been ongoing in the U.S. District Court for the Southern District of New York, accused the Chinese e-commerce giant of concealing critical information about regulatory […]