
BIDU INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Baidu (BIDU) Investors of Securities Class Action Lawsuit Deadline on November 13, 2026
Newsfile Corp
公開日時: Sep 19, 2026, 08:49 PM GMT+9
Sentiment Analysis
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Baidu To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Baidu between November 18, 2025 and August 17, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .
New York, New York--(Newsfile Corp. - September 19, 2026) - Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU) and reminds investors of the November 13, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business; (2) that, as a result, the Company's revenue was reasonably likely to decline; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On August 18, 2026, before the market opened, the Company reported second quarter 2026 financial results, revealing that Baidu General Business revenue fell 4% year over year to RMB25.2 billion (or $3.71 billion), with Legacy Business revenue falling 23% year over year to RMB10.4 billion and total Online Marketing Services revenue falling 19% year over year to RMB13.1 billion. Critically, the Baidu Core AI-powered business fell 8% quarter over quarter to RMB12.5 billion (or $1.86 billion), its year-over-year growth having decelerated from 49% in the first quarter of 2026 to 25%, and its largest component, AI Cloud Infra, having fallen 17% quarter over quarter from RMB8.8 billion to RMB7.3 billion.
On this news, the price of Baidu ADS fell $13.25 per share, or 12.73%, to close at $90.87 on August 18, 2026, thereby injuring investors.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Baidu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Baidu class action, go to www.faruqilaw.com/[BIDU](/www.pomerantzlaw.com%EF%BC%89%E3%81%A7%E7%A2%BA%E8%AA%8D%E3%81%A7%E3%81%8D%E3%81%BE%E3%81%99%E3%80%82%E5%95%8F%E3%81%84%E5%90%88%E3%82%8F%E3%81%9B%E3%81%AF%E3%80%81%E5%90%8C%E4%BA%8B%E5%8B%99%E6%89%80%E3%81%AE%E3%83%80%E3%83%8B%E3%82%A8%E3%83%AB%E3%83%BB%E3%83%9A%E3%82%A4%E3%83%88%E3%83%B3%E6%B0%8F%EF%BC%88%5Bemail%C2%A0protected%5D%E3%80%81%E9%9B%BB%E8%A9%B1%EF%BC%9A646-581-9980%E3%80%81%E5%86%85%E7%B7%9A7980%EF%BC%89%E3%81%BE%E3%81%A7%E3%80%82/us/BIDU) or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .
Source: Newsfile Corp
個別の投資に関する推奨やアドバイスを提供することを意図しておりません。ここで述べられている意見や見解は、あくまでも各記事の個人的見解です。