BIDU Investors Have Opportunity to Lead Baidu, Inc. Securities Fraud Lawsuit with SBS Law

Schall, Brown & Schwartz LLP (SBS) reminded investors of a class action lawsuit against Baidu, Inc. (NASDAQ: BIDU), alleging violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. The notice was issued from Los Angeles on Oct. 19, 2026, and focuses on statements made during the class period from Nov. 18, 2025 to Aug. 17, 2026. SBS says the complaint alleges Baidu overstated how its AI business could offset a rapid decline in legacy marketing, warning that the company was likely to face revenue contraction. SBS encourages shareholders who bought BIDU during the period to contact the firm regarding possible lead plaintiff appointment by Nov. 13, 2026. Certification of the class is pending.