NEW YORK and SAN DIEGO, Sept. 20, 2022 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit alleging federal securities has been filed in the United States District Court for the Southern District of California on behalf of any person or entity that purchased TuSimple Holdings, Inc. (“TuSimple” or the “Company”). ) (NASDAQ: TSP) Securities during the period from April 15, 2021 through August 1, 2022 (the “Collection Period”).

All investors who own TuSimple Holdings, Inc. and any losses incurred are advised to contact the company immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You can get additional information about the promotion or join the case on our website, www.whafh.com.

If you have suffered losses at TuSimple Holdings, Inc., you can at the latest October 31, 2022, request that the court appoint you lead plaintiff in the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in TuSimple Holdings, Inc.

PLEASE CLICK HERE TO JOIN THE EVENT

According to the Complaint, TuSimple completed its initial public offering (“IPO”) on April 15, 2021 and sold 33.8 million Class A common shares at $40.00 per share for gross proceeds of $1.031 billion.

on August 1, 2022, The Wall Street Journal published an article entitled “Self-driving truck accident draws attention to safety at TuSimple,” which brought to light a number of previously undisclosed concerns that undermined defendants’ representations and omissions regarding the Company’s security. The article referenced an April 6, 2022 accident involving a truck equipped with TuSimple’s autonomous driving technology, noting that regulators made the accident public in June after TuSimple published a report on the incident had submitted “Underscores concerns that the autonomous transport company is jeopardizing safety on public roads in a…