Part of Alibaba shareholder lawsuit dismissed by judge, Reuters reports

Part of a shareholder lawsuit against Alibaba has been dismissed by U.S. District Judge George Daniels in Manhattan, who granted motions to dismiss claims alleging misstatements about the IPO of Ant, Reuters’ Jonathan Stempel reports. Daniels did not dismiss claims over alleged misstatements about Alibaba’s antitrust risk and exclusivity practices, the report notes. Reference Link