ROSEN, a leading and respected law firm in the industry, encourages TuSimple Holdings Inc.

ROSEN, a leading and respected law firm in the industry, encourages TuSimple Holdings Inc.


NEW YORK, Nov. 11, 2022 (GLOBE NEWSWIRE) — Because:Rosen Law Firm, a global investor rights law firm, announces a potential securities liability investigation on behalf of shareholders of TuSimple Holdings Inc. (NASDAQ: TSP) related to allegations that TuSimple may have disclosed materially misleading business information

Influence:If you have ever purchased TuSimple securities, you may be entitled to compensation through a post-payment agreement with no out-of-pocket or cost. Law firm Rosen is preparing a class action lawsuit to recover losses for investors.

Next Step:To participate in the fundraiser, please visit Or call toll-free 866-767-3653 or email [email protected] or [email protected] contact Attorney Phillip Kim for information on class action lawsuits.

What it’s about:Sunday 30 October 2022 Wall Street JournalPublished a report titled “TuSimple under investigation by the FBI and SEC for its close relationship with a Chinese startup”. The article said TuSimple is under investigation “for improperly providing capital and technology to a Chinese startup.”

On October 31, 2022, TuSimple filed a Material Event Report on Form 8-K with the Securities and Exchange Commission. Attached to the Form 8-K is a press release stating that the board of directors of TuSimple (the “Board of Directors”) terminated the positions of “CEO and Chief Technology Officer” of Defendant Xiaodi Hou and announced that Dr. Hou from his presidency, both effective October 2022. Valid from March 30.”

TuSimple stock fell $2.88 per share on October 31, 2022 to close at $3.43 per share, or more than 45%, according to this news report.

Why choose ROSE LAW?Investors are encouraged to select qualified attorneys with a successful track record in leadership positions. Often, the law firm issuing the notice does not have comparable experience, resources, or meaningful peer recognition. Choose your legal counsel wisely. The Law Firm of Rosen serves investors around the world with a focus on securities class actions and shareholder assignments. Law firm Rosen…

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