{"id":688875,"date":"2022-09-26T12:03:15","date_gmt":"2022-09-26T16:03:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-2\/"},"modified":"2022-09-26T12:03:15","modified_gmt":"2022-09-26T16:03:15","slug":"tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-2\/","title":{"rendered":"TSP Investors Have Opportunity to Lead TuSimple Holdings Inc. Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n LOS ANGELES<\/span>
\n <\/span>, Sept. 26, 2022<\/span><\/span> \/PRNewswire\/ — The Law Offices of Frank R. Cruz<\/span><\/a> announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against TuSimple Holdings Inc. (“TuSimple” or the “Company”) (NASDAQ: TSP<\/a>).<\/p>\n

\n

\n
\n \"(PRNewsfoto\/The
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Class Period: <\/b>
\n April 15, 2021<\/span> \u2013 August 1, 2022<\/span><\/p>\n

\n Lead Plaintiff Deadline:<\/b>
\n October 31, 2022<\/span>\n <\/p>\n

If you are a shareholder who suffered a loss, click here<\/a> to participate.<\/p>\n

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors\u00a0that: (1) TuSimple’s commitment to safety was significantly overstated and Defendants concealed fundamental problems with the Company’s technology; (2) 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; (3) there was a corporate culture within TuSimple that suppressed or ignored safety concerns in favor of unrealistically ambitious testing and delivery schedules; (4) the aforementioned conduct made accidents involving the Company’s autonomous driving technology more likely; (5) the aforementioned conduct invited enhanced regulatory scrutiny and investigatory action toward the Company; and (6) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. \u00a0If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz<\/span>, of The Law Offices of Frank R. Cruz<\/span>, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California<\/span> 90067 at 310-914-5007, by email to info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>.\u00a0 If you inquire by email please include your mailing address, telephone number, and number of shares purchased.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-301632591.html<\/a><\/p>\n

SOURCE The Law Offices of Frank R. Cruz<\/span>, Los Angeles<\/span><\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire LOS ANGELES , Sept. 26, 2022 \/PRNewswire\/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against TuSimple Holdings Inc. (“TuSimple” or the “Company”) (NASDAQ: TSP). Class Period: April 15, 2021 \u2013 August 1, 2022 Lead Plaintiff Deadline: October 31, 2022 If you are a shareholder who suffered a loss, click here to participate. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors\u00a0that: (1) TuSimple’s commitment to safety was significantly overstated and Defendants concealed fundamental problems with the Company’s technology; (2) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks … <\/p>\n

Continue reading “TSP Investors Have Opportunity to Lead TuSimple Holdings Inc. Securities Fraud Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688875","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTSP Investors Have Opportunity to Lead TuSimple Holdings Inc. 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Class Period: April 15, 2021 \u2013 August 1, 2022 Lead Plaintiff Deadline: October 31, 2022 If you are a shareholder who suffered a loss, click here to participate. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors\u00a0that: (1) TuSimple’s commitment to safety was significantly overstated and Defendants concealed fundamental problems with the Company’s technology; (2) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks … Continue reading "TSP Investors Have Opportunity to Lead TuSimple Holdings Inc. 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