NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP reminds investors that class action lawsuits against securities have been filed on behalf of investors in securities of Azure Power Global Limited, Latch, Inc. and TuSimple Holdings, Inc. 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.

Azure Power Global Limited (“Azure”) (NYSE: AZRE)

Class period: June 15, 2021 to August 26, 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, the defendants made false and/or misleading statements and/or failed to disclose the following: (1) there were procedural irregularities, including non-compliance with safety and quality standards, at one of Azure’s plants; (2) certain project data was manipulated; (3) as a result of the foregoing, Azure’s internal controls and procedures were not effective; and (4) Azure had received a credible whistleblower report alleging such misconduct.

For more information on the lawsuit against Azure, see This website.

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, the defendants made false and/or misleading statements and/or failed to disclose: (1) that there were unreported 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 financial statements…