NEW
YORK, Sept. 7, 2022 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of TuSimple
Holdings Inc..
Shareholders who purchased shares of TSP during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/tusimple-holdings-inc-loss-submission-form/?id=31388&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons
who: (a) purchased or otherwise acquired TuSimple common stock
pursuant and/or traceable to documents issued in connection with
TuSimple's April 15, 2021 initial
public offering; and/or (b) that purchased or otherwise acquired
TuSimple securities between April 15,
2021 and August 1, 2022, both
dates inclusive.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) TuSimple's
commitment to safety was significantly overstated and defendants
concealed fundamental problems with the Company's technology; (ii)
TuSimple was rushing the testing of its autonomous driving
technology in order to deliver driverless trucks to the market
ahead of its more safety-conscious competitors; (iii) there was a
corporate culture within TuSimple that suppressed or ignored safety
concerns in favor of unrealistically ambitious testing and delivery
schedules; (iv) the aforementioned conduct made accidents involving
the Company's autonomous driving technology more likely; (v) the
aforementioned conduct invited enhanced regulatory scrutiny and
investigatory action toward the Company; and (iv) as a result, the
Company's public statements were materially false and misleading at
all relevant times.
DEADLINE: October 31, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/tusimple-holdings-inc-loss-submission-form/?id=31388&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of TSP during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is October 31, 2022. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm