{"id":122208,"date":"2022-10-21T05:35:08","date_gmt":"2022-10-21T05:35:08","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=100415"},"modified":"2022-10-21T05:35:08","modified_gmt":"2022-10-21T05:35:08","slug":"tsp-final-deadline-notice-rosen-national-trial-lawyers-encourages-tusimple-holdings-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-october-31-deadline-in-securitie","status":"publish","type":"post","link":"https:\/\/pressarabia.qa\/tsp-final-deadline-notice-rosen-national-trial-lawyers-encourages-tusimple-holdings-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-october-31-deadline-in-securitie\/","title":{"rendered":"TSP FINAL DEADLINE NOTICE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages TuSimple Holdings Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important October 31 Deadline in Securities Class Action \u2013 TSP"},"content":{"rendered":"
\n

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings Inc. (NASDAQ: TSP): (i) pursuant and\/or traceable to the offering documents issued in connection with the Company\u2019s initial public offering conducted on or about April 15, 2021 (the \u201cIPO\u201d); and\/or (ii) between April 15, 2021 and August 1, 2022, both dates inclusive (the \u201cClass Period\u201d), of the important October 31, 2022 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased TuSimple securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the TuSimple class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=8026<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 31, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. <\/strong>Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, the IPO documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation.\u00a0Additionally, the complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements regarding TuSimple\u2019s business, operations, and prospects.\u00a0Specifically, the IPO documents and defendants made false and\/or misleading statements and\/or failed to disclose that: (1) TuSimple\u2019s commitment to safety was significantly overstated and defendants concealed fundamental problems with the Company\u2019s technology; (2) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks to the market ahead of its more safety-conscious competitors; (3) there was a corporate culture within TuSimple that suppressed or ignored safety concerns in favor of unrealistically ambitious testing and delivery schedules; (4) the aforementioned conduct made accidents involving TuSimple\u2019s autonomous driving technology more likely; (5) the aforementioned conduct invited enhanced regulatory scrutiny and investigatory action toward TuSimple; and (6) as a result, defendants\u2019 public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the TuSimple class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=8026<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n

GlobeNewswire Distribution ID 8669564<\/p>\n

\n

\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings Inc. (NASDAQ: TSP): (i) pursuant and\/or traceable to the offering documents issued in connection with the Company\u2019s initial public offering conducted on or about April 15, 2021 (the \u201cIPO\u201d); [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"\nTSP FINAL DEADLINE NOTICE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages TuSimple Holdings Inc. 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