The supplied records concern separate securities class actions. The Law Offices of Frank R. Cruz announced that investors who suffered losses in Baidu, Inc. securities may seek to lead the ongoing case by Nov. 13, 2026. The lawsuit covers purchases from Nov. 18, 2025, through Aug. 17, 2026, and alleges Baidu overstated its AI business’s ability to offset declines in legacy online marketing, failed to disclose that revenue was reasonably likely to decline, and made materially misleading positive statements. Earlier notices from Rosen Law Firm and Robbins LLP described the same Baidu class period, allegations and deadline. The new Cruz notice says investors need not take action to remain absent class members and may retain counsel of their choice. Separately, Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654, alleges Alibaba and its Chief Executive Officer violated the Securities Exchange Act of 1934 by failing to disclose alleged links to China’s Ministry of Industry and Information Technology and risks involving adversarial distillation attacks against third-party AI models. Alibaba investors who acquired securities from June 26, 2025, through June 24, 2026, had until Oct. 5, 2026, to seek lead plaintiff appointment.