{"id":691353,"date":"2022-10-03T12:12:41","date_gmt":"2022-10-03T16:12:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-3\/"},"modified":"2022-10-03T12:12:41","modified_gmt":"2022-10-03T16:12:41","slug":"tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-3\/","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 BENSALEM, Pa.<\/span>
\n <\/span>, Oct. 3, 2022<\/span><\/span> \/PRNewswire\/ —\u00a0Law Offices of Howard G. Smith<\/span> 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 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

Investors suffering losses on their TuSimple investments are encouraged to contact the Law Offices of Howard G. Smith<\/span> to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com<\/a>.<\/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

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. If 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 Howard G. Smith, Esquire<\/span>, of Law Offices of Howard G. Smith<\/span>, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania<\/span> 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to\u00a0howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

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

\n Contacts <\/b>\n <\/p>\n

Law Offices of Howard G. Smith<\/span>
Howard G. Smith, Esquire<\/span>
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/tsp-investors-have-opportunity-to-lead-tusimple-holdings-inc-securities-fraud-lawsuit-301638571.html<\/a><\/p>\n

SOURCE Law Offices of Howard G. Smith<\/span><\/p>\n<\/p><\/div>\n

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

PR Newswire BENSALEM, Pa. , Oct. 3, 2022 \/PRNewswire\/ —\u00a0Law Offices of Howard G. Smith 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 Investors suffering losses on their TuSimple investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. 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 … <\/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-691353","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 Investors suffering losses on their TuSimple investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. 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 … Continue reading "TSP Investors Have Opportunity to Lead TuSimple Holdings Inc. 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