SAN DIEGO, Oct. 01, 2022 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchaser or acquirer of TuSimple Holdings, Inc. (NASDAQ: TSP): (a) common stock pursuant to and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”), issued in connection with TuSimples 15. 2021 Initial Public Offering (“IPO”); and/or (b) securities between April 15, 2021 and August 1, 2022, both dates inclusive (the “Collection Period”) will have until October 31, 2022 to request appointment as Lead Plaintiff Just do class action. That Just do Class Action – Titled Dicker vs. TuSimple Holdings, Inc.#22-cv-01300 (SD Cal.) – alleging TuSimple, certain of its officers and directors, and the underwriters of the IPO of violating the Securities Act of 1933 and/or the Securities Exchange Act of 1934.
If you have suffered significant losses and are the main plaintiff in the Just do Class action, please provide your information here:
CASE CLAIMS: Headquartered in San Diego, TuSimple develops autonomous technology specifically designed for semi-trucks. TuSimple is developing a line of purpose-built Level 4 (“L4”) autonomous semi-trucks for the North American market. On April 15, 2021, TuSimple completed its IPO and sold 33.8 million Class A common shares at $40.00 per share for gross proceeds of $1.031 billion.
That Just do The class action alleges that the defendants, among other things, made materially false or misleading statements and/or failed to disclose: (i) TuSimple’s commitment to security was grossly overstated and the defendants withheld fundamental issues with TuSimple’s technology; (ii)…
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