NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in TuSimple Holdings Inc. (“TuSimple” or the “Company”) (NASDAQ: TSP). Those investors are advised to contact Robert S. Willoughby, email:[email protected] Or call: 888-476-6529 ext. 7980.

The investigation concerns whether TuSimple and some of its officers and/or directors have engaged in securities fraud or other illegal business practices.

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August 1, 2022 The Wall Street Journal Published an article reporting an accident in which one of TuSimple’s self-driving trucks suddenly made a left turn, crossed a freeway and hit a concrete barricade, “added to concerns that the self-driving truck company was seeking to to push its self-driving trucks and risk safety on public roads.” While TuSimple reported that the accident was caused by the driver’s failure to properly reactivate the autopilot system prior to driving, the researchers believe “that it was It is misleading to attribute the accident to human error.” {sp} The Federal Motor Carrier Safety Administration has opened a “safety compliance investigation” into TuSimple.

Affected by this news, TuSimple’s stock price fell $0.97 per share, or 9.74%, to close at $8.99 per share on August 1, 2022.

With offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, Pomerantz LLP is a premier class action law firm specializing in corporate, securities and antitrust law. Pomerantz was founded by the late Abraham L. Pomerantz, President of the Class Action Law Firm, to pioneer securities class actions. Today, more than 85 years later, Pomerantz continues the company’s legacy of fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate wrongdoing. The company has recovered millions of dollars in damages on behalf of the class members.please browse www.pomlaw.com?

Interlocutor:
Robert S Willoughby
Pomerantz LLP
?Email: [email protected]
?Tel: 888-476-6529 ext. 7980