Khunt v. Alibaba Group Holding Ltd.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION AND ORDER CONSOLIDATING CASES, APPOINTING LEAD PLAINTIFF, AND APPOINTING LEAD COUNSEL
McMAHON, District Judge:
In autumn 2014, Defendant Alibaba Group Holding Limited (“Alibaba” or the “Company”), a China-based giant of online commerce, together with certain “selling shareholders,” raised more than $25 billion through an Initial Public Offering (“IPO”). In the early hours of January 28, 2015, various media reported that China’s main corporate regulator had released a white paper publicly accusing Alibaba of complicity in various anticompetitive, fraudulent, and otherwise…
2Cases cited33 opinions
- Lexmark Int'l, Inc. v. Static Control Components, Inc.Supreme Court of the United States · 2014
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- CE Design Ltd. v. King Architectural Metals, Inc.Court of Appeals for the Seventh Circuit · 2011
- In Re Olsten Corp. Securities Litig.District Court, E.D. New York · 1998
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