NYSE: YMM

Full Truck Alliance Co. Ltd.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Full Truck Alliance Co. Ltd. (NYSE: YMM) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with FTA’s June 2021 initial public offering (the “IPO”). The lawsuit seeks to recover damages for FTA investors under the federal securities laws.

If you purchased FTA securities and would like to join the action, please click “Join This Class Action.”

Class Period:Pursuant and/or traceable to FTA’s June 2021 IPO
If you purchased FTA securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that:

  • FTA’s apps Yunmanman and Huochebang would face an imminent cybersecurity review by the Cyberspace Administration of China (the “CAC”);
  • the CAC would require FTA to suspend new user registration;
  • FTA needed to conduct a “comprehensive self-examination of any cybersecurity risks”;
  • FTA needed to “continue to improve its cybersecurity systems and technology capabilities”; and
  • as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Full Truck Alliance Co. Ltd.
Stock Symbol: YMM
Class Period: Pursuant and/or traceable to FTA’s June 2021 IPO
Court: United States District Court for the Eastern District of New York

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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