{"id":514241,"date":"2021-07-16T19:03:13","date_gmt":"2021-07-16T23:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-full-truck-alliance-co-ltd-and-encourages-investors-to-contact-the-firm-before-september-10\/"},"modified":"2021-07-16T19:03:13","modified_gmt":"2021-07-16T23:03:13","slug":"investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-full-truck-alliance-co-ltd-and-encourages-investors-to-contact-the-firm-before-september-10","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-full-truck-alliance-co-ltd-and-encourages-investors-to-contact-the-firm-before-september-10\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Full Truck Alliance Co. Ltd. and Encourages Investors to Contact the Firm Before September 10, 2021"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Full Truck Alliance Co. Ltd. and Encourages Investors to Contact the Firm Before September 10, 2021<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nThe law firm of Kirby McInerney LLP<\/a> announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Full Truck Alliance Co. Ltd. (\u201cFTA\u201d or the \u201cCompany\u201d) (NYSE: YMM<\/a>) American Depositary Shares (\u201cADSs\u201d) from June 19, 2021 through July 12, 2021, inclusive (the \u201cClass Period\u201d). Investors have until September 10, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n

\nOn or about June 22, 2021, FTA sold about 82.5 million ADSs in its initial public offering (the \u201cIPO\u201d) for $19 per share, raising nearly $1.6 billion in new capital.\n<\/p>\n

\nOn July 5, 2021, FTA reported that the Company was subject to a review by the Cyberspace Administration of China and that \u201cFTA\u2019s Yunmanman apps and Huochebang apps . . . are required to suspend new user registration in China during the review period.\u201d\n<\/p>\n

\nOn this news, the Company\u2019s ADS price declined by $1.27 per ADS, or approximately 6.7%, from $19.02 per ADS on July 2, 2021 to close at $17.75 per ADS on July 6, 2021, which is approximately 6.6% below the IPO price, thereby injuring investors.\n<\/p>\n

\nIf you purchased or otherwise acquired FTA ADSs, have information, or would like to learn more about these claims, please contact Thomas W. Elrod<\/a> of Kirby McInerney LLP<\/a> at 212-371-6600, by email at investigations@kmllp.com<\/a>, or by filling out this contact form<\/a>, to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n

Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website: http:\/\/www.kmllp.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210716005472\/en\/<\/a><\/span><\/p>\n

\nKirby McInerney LLP
\n
Thomas W. Elrod, Esq.
\n
212-371-6600
\n
https:\/\/www.kmllp.com
\n<\/a>
investigations@kmllp.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Full Truck Alliance Co. Ltd. and Encourages Investors to Contact the Firm Before September 10, 2021 NEW YORK–(BUSINESS WIRE)– The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Full Truck Alliance Co. Ltd. (\u201cFTA\u201d or the \u201cCompany\u201d) (NYSE: YMM) American Depositary Shares (\u201cADSs\u201d) from June 19, 2021 through July 12, 2021, inclusive (the \u201cClass Period\u201d). Investors have until September 10, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On or about June … <\/p>\n

Continue reading “INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Full Truck Alliance Co. Ltd. and Encourages Investors to Contact the Firm Before September 10, 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514241","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Full Truck Alliance Co. 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