Full Truck Alliance Co. Ltd. : American Depositary Shares Securities Litigation

Filing Deadline: September 10, 2021

If you purchased a significant amount of shares of Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Share (NYSE: YMM), you have certain options. Investors should contact us before September 10, 2021.

 

Lawsuit Overview

Defendant:Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Share
Date Filed:July 12th, 2021
Class Start Date:June 21st, 2021
Class End Date:July 12th, 2021

On or about May 27, 2021, FTA filed with the SEC a Registration Statement on Form F-1, which in combination with subsequent amendments of Forms F-1/A and filed pursuant to Rule 424(b)(1), would be used for the IPO.

The Complaint alleges that the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) FTA’s apps Yunmanman and Huochebang would face an imminent cybersecurity review by the Cyberspace Administration of China ("CAC"); (2) the CAC would require FTA to suspend new user registration; (3) FTA needed to conduct a “comprehensive self-examination of any cybersecurity risks”; (4) FTA needed to “continue to improve its cybersecurity systems and technology capabilities”; and (5) as a result, Defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.

Sign up for free to create a personalized portfolio with tracking and e-mail alerts for Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Share

 
First Identified Complaint

Kohli Pratyush, et al. v. Full Truck Alliance Co. Ltd., et al.

Date Filed:July 12th, 2021
Class Period Start:June 21st, 2021
Class Period End:July 12th, 2021
First Identified Complaint Filings
#Document TitleFiling Date