DEADLINE ALARM for TSP, SMFR, TWTR, PLTR: Law Firms of
BENSALEM, Pa., Sept. 29, 2022 (GLOBE NEWSWIRE) — The law firm of Howard G. Smith is reminding investors that class action lawsuits have been filed on behalf of the shareholders of the following public companies. Investors have until the deadlines set out below to file a lead plaintiff filing.
Investors who experience losses on their investments are advised to contact the law firm of Howard G. Smith to discuss their legal rights in these class action lawsuits at 888-638-4847 or by email at [email protected].
TuSimple Holdings Inc. (NASDAQ: TSP)
Class Period: April 15, 2021 – August 1, 2022
Deadline for lead plaintiff: October 31, 2022
The lawsuit alleges that throughout the class period, the defendants made false and/or misleading statements and/or failed to disclose the following: (1) TuSimple’s commitment to safety was grossly overstated and the defendants concealed fundamental issues with the company’s technology ; (2) TuSimple accelerated testing of its autonomous driving technology to bring driverless trucks to market ahead of its more safety-conscious competitors; (3) there was a corporate culture within TuSimple that suppressed or ignored security concerns in favor of unrealistically ambitious test and delivery schedules; (4) the above behavior made accidents more likely with the company’s autonomous driving technology; (5) the foregoing conduct required increased regulatory scrutiny and investigations into the Company; and (6) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that there was a…
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