ATLANTA, GA – – (ACCESSWIRE – September 13, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against TuSimple Holdings, Inc. (“TuSimple” or the “Company”) (NASDAQ: TSP). The lawsuit alleges TuSimple made materially false and misleading statements and/or failed to disclose: (1) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks to the market ahead of its competitors; (2) the Company overstated its commitment to safety and concealed fundamental problems with its technology; (3) there was a corporate culture within TuSimple that suppressed or ignored safety concerns; (4) this conduct made accidents involving the Company’s autonomous driving technology more likely; and (5) the aforementioned conduct invited enhanced regulatory scrutiny and investigatory action toward the Company.
If you bought shares of TuSimple traceable to the April 15, 2022 IPO, or between April 15, 2021 and August 1, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is October 31, 2022.
Lead Plaintiff Deadline Has Passed
October 31, 2022