NEW YORK, Oct. 12, 2022 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP reminds investors that on behalf of investors in Latch, Inc., TuSimple Holdings, Inc. and Sema4 Holdings Corp. Class action lawsuits have been filed. Investors have until the deadlines below to petition the court to be named lead plaintiff in the lawsuits. For more information on each case, see the links below.

Latch, Inc. (“Latch”) (NASDAQ: LTCH; LTCHW)

Teaching period: May 13, 2021 to August 25, 2022,
Pending court: US District Court for the Southern District of New York
Deadline for lead plaintiff: October 31, 2022

The lawsuit alleges that during the Class Period, Latch and certain of its officers made false and/or misleading statements and/or failed to disclose: (1) that there were undisclosed hardware device sales agreements; (2) that Latch consequently misrecognized revenue throughout fiscal 2021 and the first quarter of 2022; (3) that there were material weaknesses in Latch’s internal control over financial reporting related to revenue recognition; and (4) that as a result of the foregoing, Latch would restate its fiscal 2021 and first quarter 2022 financial statements.

For more information on Latch’s lawsuit, see This website.

TuSimple Holdings, Inc. (“TuSimple”) (NASDAQ: TSP)

Class Period: April 12, 2021 (including IPO) to August 1, 2022
Pending court: US District Court for the Southern District of California
Deadline for lead plaintiff: October 31, 2022

The Complaint alleges that TuSimple and certain of its officers and affiliates (collectively, the “Defendants”) made and/or failed to disclose false and/or misleading statements throughout the Class Period, Among other thingsthat: (1) TuSimple’s commitment to security has been grossly overstated and Defendants have concealed fundamental issues with TuSimple’s technology; (2) TuSimple accelerated testing of its autonomous driving technology to…