Pomerantz Law Firm Notifies Baidu Investors of Class Action Lawsuit Deadlines and Details

Investor Alert: Baidu, Inc. Class Action Lawsuit

The Pomerantz Law Firm has recently announced a significant legal development concerning Baidu, Inc., a leading Chinese multinational technology company. A class action lawsuit has been initiated against Baidu with the aim of addressing potential wrongdoings related to securities fraud and other unlawful business practices. Investors who incurred losses from their investments in Baidu are strongly encouraged to pay close attention to the details outlined below, as important deadlines are approaching.

Lawsuit Overview

Baidu, which trades under NASDAQ: BIDU, has been under scrutiny following claims that it and certain executives may have engaged in practices that misled investors. As the lawsuit unfolds, the firm emphasizes the importance for affected investors to reach out to them before the court deadlines. Danielle Peyton from Pomerantz LLP can be contacted at [email protected] or by telephone at 646-581-9980. A toll-free line is also available at 888.4-POMLAW, ext. 7980.

Key Deadlines

Investors seeking to join the class action must act quickly, as the deadline to request the court to designate them as Lead Plaintiff is November 13, 2026. Those who purchased or otherwise acquired Baidu securities during the specified class period are eligible to participate in this action. A copy of the class action complaint can be accessed via the Pomerantz Law Firm website at www.pomerantzlaw.com.

Financial Results and Market Impact

The impetus for this legal action stems from Baidu's reported financial results which may indicate troubling trends within the company's operations. On February 26, 2026, Baidu revealed its fourth-quarter financial performance which showed a decline in total revenue, decreasing by over 4% year on year. The total revenue for the fourth quarter was recorded at RMB32.74 billion (approximately $4.68 billion). Baidu's full-year results mirrored this downward trajectory, with total revenue for 2025 falling more than 3% compared to the previous year, resulting in RMB129.079 billion (or about $18.458 billion).

Despite this decline, Baidu's management reassured investors about the growth of its AI-Powered Business, which reportedly witnessed a 48% increase year on year, bringing in revenue of RMB40 billion for the fiscal year 2025. However, this reassurance did little to prevent a decline on the stock market; on the same day, Baidu’s American Depositary Receipt (ADR) price plummeted by $7.50, representing a decline of 5.65%, closing at $125.15.

Further compounding the situation, on August 18, 2026, Baidu again reported lackluster second-quarter results revealing a more troubling trend: a year-over-year decline in General Business revenue by 4% to RMB25.2 billion (or $3.71 billion). Additionally, the Legacy Business revenue experienced even sharper declines, falling by 23% year on year. The report highlighted that key components of Baidu’s AI business also saw decreasing revenues, resulting in a significant decrease in investor confidence. Following this announcement, Baidu's ADR price decreased substantially, falling $13.25 or 12.73% to close at $90.87.

About Pomerantz LLP

With a strong reputation in corporate, securities, and antitrust class litigation, Pomerantz LLP, established by Abraham L. Pomerantz, has dedicated more than 85 years to advocating for victims of securities fraud and corporate misconduct. The firm has successfully recovered substantial damages for its clients and continues to be a pivotal force in the fight for investor rights.

For those concerned about their investments in Baidu or have other inquiries regarding their eligibility to join the lawsuit, please reach out to Pomerantz LLP without delay. Their expertise could be crucial in navigating these challenging circumstances.

For additional information, please visit the official website of Pomerantz LLP: www.pomlaw.com.