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TuSimple Investor Alert

TSP

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In TuSimple To Contact Him Directly To Discuss Their Options

New York, New York--(Newsfile Corp. - August 12, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against TuSimple Holdings Inc. ("TuSimple" or the "Company") (NASDAQ: TSP).

If you suffered losses exceeding $50,000 investing in TuSimple stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may alsoclick here for additional information: www.faruqilaw.com/TSP.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6455/133711_d2945f2704cb7bc6_001full.jpg

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. TuSimple is the subject of a Wall Street Journal article published on August 1, 2022. The article alleges 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 the Company attempted to blame human error, the Journal points out 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 reveals that the Federal Motor Carrier Safety Administration has launched a "safety compliance investigation."

Based on this news, shares of TuSimple lost almost 10% on the same day.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133711

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