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NEW YORK, Oct. 13, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Baidu, Inc. ("Baidu" or "the Company") (NASDAQ: BIDU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of BIDU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 18, 2025 to August 17, 2026
DEADLINE: November 13, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Baidu was incapable of replacing revenue lost by its legacy advertising business with new revenue in its AI business, despite its statements to the contrary. Based on these facts, Baidu's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
View original content:https://www.prnewswire.com/news-releases/baidu-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--bidu-302907790.html
SOURCE DJS Law Group LLP
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