TuSimple Holdings Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at TuSimple Holdings, Inc.

New York, New York, UNITED STATES


NEW YORK, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of TuSimple Holdings, Inc. ("TuSimple” or the "Company”) (NASDAQ: TSP), autonomous technology company.

If you are an investor of TuSimple and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

On August 1, 2022, the Wall Street Journal published an article regarding TuSimple, alleging that an automated truck using the Company’s technology suddenly veered left and slammed into a concrete 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.” According to the article, the Federal Motor Carrier Safety Administration has launched a “safety compliance investigation” into the Company’s technology.

Following this news, TuSimple stock dropped approximately 9% on that same day.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(646) 315-9003
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com