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Berger Montague Investigates Securities Fraud Allegations Against Tuya Inc.

Lead Plaintiff Deadline is October 11, 2022.

Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA) between March 15, 2021 and August 9, 2022 (the “Class Period”).

If you purchased the securities of Tuya during the Class Period, would like to discuss Berger Montague’s investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell’Angelo at mdellangelo@bm.net or (215) 875-3080.

Join the Class Action Against Tuya Inc.

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About the Case

Whether you’re a newbie landing page creator or a pro, Unbounce gives you the tools to not only build custom landing pages, but alsoAccording to a recently filed lawsuit, Tuya falsely represented and/or failed to disclose that: (1) a material portion of Tuya's China-based customers were engaged in the widespread and systematic manipulation of reviews and product offerings in violation of Amazon.com's terms of use; (2) prior to the IPO, a consumer investigation and data breach had exposed an illicit fake review scheme being perpetrated by many of Tuya's clients, among others, which included, among other things, the exposure of 13 million records of organized fake review scams linked to over 200,000 Amazon account profiles; and (3) as a result, there was a substantial risk that a material portion of Tuya's significant customers would be barred from using Amazon.com's platform, negatively impacting Tuya's business, revenue, earnings, and prospects. By August 2022, the price of Tuya ADSs had dropped below $2 per ADS, a 90% decline from the IPO price. get more conversions on your website.

About Berger Montague

Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

Counsel Information

Our attorneys have recovered billions of dollars for our clients.

Michael Dell'Angelo, Esq.

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mdellangelo@bm.net

(215) 875-3080

Bergermontague.com

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Andrew Abramowitz, Esq.

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aabramowitz@bm.net

(215) 875-3015

bergermontague.com

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