NEW YORK – (BUSINESS WIRE) – July 17, 2021–
WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Full Truck Alliance Co. Ltd. (NYSE: YMM) pursuant to the registration statement and associated prospectus (collectively, the “Registration Statement”) issued in connection with FTA’s initial public offering in June 2021 (the “IPO” ) of the important September 10, 2021, deadline for the principal applicant.
SO WHAT: If you purchased FTA securities during the Class Period, you may be entitled to compensation without payment of any fees or charges through a contingency fee agreement.
WHAT TO DO NEXT: To join the FTA class action lawsuit, go to http://www.rosenlegal.com/cases-register-2114.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to serve as the principal applicant, you must move the court no later than September 10, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies providing reviews do not have comparable experience, resources or peer recognition. Be wise in choosing the right lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: Depending on the lawsuit, the registration statement contained false and / or misleading statements and / or failed to disclose that: (1) FTA applications Yunmanman and Huochebang face an imminent cybersecurity review by the Cyberspace Administration of China (the “CAC”); (2) the CAC would require FTA to suspend the registration of new users; (3) FTA was to conduct a “full self-examination of any cybersecurity risk”; (4) FTA was to “continue to improve its cybersecurity systems and technological capabilities”; and (5) accordingly, the defendants’ public statements were materially false and misleading at all relevant times and negligently prepared. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the FTA class action lawsuit, go to http://www.rosenlegal.com/cases-register-2114.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future recovery does not depend on whether he or she is a lead applicant.
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CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL LEGAL SERVICES
SOURCE: Rosen Law Firm, Pennsylvania
Copyright Business Wire 2021.
PUB: 07/17/2021 2:30 p.m. / DISC: 07/17/2021 2:31 p.m.
Copyright Business Wire 2021.