Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against TuSimple Holdings Inc. (“TuSimple” or “the Company”) (NASDAQ: TSP) for violations of federal securities laws.
Investors who purchased shares of the Company as part of and/or traceable to the Company’s initial public offering completed on April 15, 2021 (the “IPO”), or between April 15, 2021 and October 31, 2022 (the “Class Period”) are encouraged to contact the firm before January 9, 2023.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us via the firm’s website at www.schallfirm.com or by e-mail at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.
According to the complaint, the company made false and misleading statements to the market. TuSimple has engaged in undisclosed related party transactions with Hydron, which was founded by company co-founder Mo Chen. The company shared proprietary technology and trade secrets with Hydron. The company did not inform the market of an internal investigation by its board of directors into its relationship with Hydron. When the market learned the truth about TuSimple, investors suffered damage.
Join the case to recoup your losses.
Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.
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