The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Tuya Inc. (NYSE: TUYA) who purchased American Depositary Shares in or traceable to the Company’s March 2021 initial public offering. The action, which was filed in the United States District Court for the Southern District of New York, alleges that the Company violated federal securities laws.
Shareholders have until October 11, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.