A Davis Polk team led by partners Ted Polubinski and Mari Grace and counsel Jonathan Chang received a shout-out in AmLaw Litigation Daily’s “Litigator of the Week” column for securing dismissal of a securities class action filed against Tuya and other defendants in the Southern District of New York.

The lawsuit, filed as a putative class action in 2022, alleged that Tuya’s IPO registration statement was materially misleading because it did not disclose that certain of Tuya’s third-party customers were then engaged in a scheme to generate fake reviews on Amazon. The plaintiffs claimed those customers were later banned from selling on Amazon, which harmed Tuya’s business.

Last year, Judge John P. Cronan denied Tuya’s motion to dismiss, sending the case toward discovery. The Davis Polk team, however, instead moved promptly for judgment on the pleadings, focusing on issues that the court had declined to consider on the original motion. This effected a stay of discovery in the case.

After a lengthy oral argument, Judge Cronan granted the motion in full, dismissing the case in its entirety.

The Davis Polk litigation team also included counsel Yuan Zheng and associates Marie Killmond, James C. Butler and Henry Hawkins 

“Litigator of the Week Runners-Up and Shout-Outs,” AmLaw Litigation Daily (March 14, 2025) (subscription required) 

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