Southern District Of New York Grants Motion For Judgment On The Pleadings In Securities Class Action Against Software Company
03/18/2025
On March 7, 2025, Judge John P. Cronan of the Southern District of New York granted a motion for judgment on the pleadings in a putative class action asserting claims under Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”) against a Chinese software company (the “Company”) and certain of its directors, officers, and underwriters. Lian v. Tuya Inc., et al., 22-cv-6792 (JPC) (S.D.N.Y. Mar. 7, 2025).
