Globenewswire·2025-12-30 20:55Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Baidu, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1]. Group 1: Investigation Details - The investigation is prompted by allegations that Baidu may have engaged in securities fraud or other unlawful business practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1]. Group 2: Market Reaction - On November 26, 2025, it was reported that the Pentagon concluded Baidu should be added to a list of companies that assist the Chinese military [3]. - Following this news, Baidu's American Depositary Receipt (ADR) price decreased by $1.54, or 1.31%, closing at $116.34 per ADR on the same day [3]. Group 3: Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [4]. - The firm has successfully recovered numerous multimillion-dollar damages awards for class members [4].