Alibaba’s Ma to Employees: ‘Be at Ease’ About U.S. Lawsuits

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Jack Ma, chairman of Chinese e-commerce giant Alibaba Group Holding, which went public in the United States last year, has told Alibaba employees not to worry about a series of U.S. lawsuits regarding a lack of disclosure to investors, Reuters reports. In a letter to employees posted on his blog in advance of the Lunar New Year holiday, Ma said, “As for the lawsuits that came about from recent events, I ask that Alibaba employees be at ease.”

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