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Bronstein, Gewirtz & Grossman, LLC Notifies TuSimple Holdings Inc. (TSP) Investors of Investigation

Wednesday, August 3, 2022 12:45 PM
Bronstein, Gewirtz and Grossman, LLC
https://www.bgandg.com/
Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 3, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers TuSimple Holdings Inc. ("TuSimple" or "the Company") (NASDAQ: TSP). Investors who purchased TuSimple shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tsp.

Bronstein, Gewirtz and Grossman, LLC, Wednesday, August 3, 2022, Press release picture

The investigation concerns whether TuSimple violated federal securities laws.

On August 1, 2022, the Wall Street Journal published an article regarding TuSimple, alleging that one of the Company's autonomously driven trucks left its lane of travel without warning before striking a cement barricade. The article states that the accident "underscores concerns that the autonomous-trucking company is risking safety on public roads in a rush to deliver driverless trucks to market." Although TuSimple tried to blame human error, the article continues that "it was the autonomous-driving system that turned the wheel and that blaming the entire accident on human error is misleading." The article also said that the Federal Motor Carrier Safety Administration launched a "safety compliance investigation." Following this news, TuSimple stock dropped roughly 10% on that same day.

If you are aware of any facts relating to this investigation or purchased TuSimple shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tsp. You can also contact Peretz Bronstein or law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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