Ali Baba by class-action lawsuits in the United States: 7 law firms have been involved in

Administration for industry and commerce “white papers” published, Alibaba group were arrested for “concealing the investigation by regulators,” and so on, in the United States by class-action lawsuits, there are 7 law firms involved. In counsel’s view, administration for industry and Commerce before “white paper” can be used as evidence. Now Alibaba has not been said on the matter. Lawyers said that although the Administration for industry and Commerce said that the white paper does not have the force of law, but the contents of the white paper will still play a role in evidence, if the contents of the white paper before they are listed actually happened to Ali, Ali may listed alleged misrepresentation, fraud, will face the United States regulators severe punishment. Alibaba is the roof leaking rain slants, in a moment of willfulness suffered a major loss.