{"id":83138,"date":"2022-11-21T16:08:52","date_gmt":"2022-11-21T16:08:52","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=102883"},"modified":"2022-11-21T16:08:52","modified_gmt":"2022-11-21T16:08:52","slug":"rosen-globally-respected-investor-counsel-encourages-tusimple-holdings-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-initiated-by-the-firm-tsp","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-globally-respected-investor-counsel-encourages-tusimple-holdings-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-initiated-by-the-firm-tsp\/","title":{"rendered":"ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages TuSimple Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm \u2013 TSP"},"content":{"rendered":"

NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) —\u00a0WHY:<\/strong>\u00a0Rosen 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 Registration Statement and Prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with TuSimple\u2019s April 15, 2021 initial public offering (\u201cIPO\u201d); and\/or (ii) between April 15, 2021 and October 31, 2022, both dates inclusive (the \u201cClass Period\u201d), of the\u00a0January 9, 2023 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased TuSimple securities during the Class Period 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>\u00a0To join the TuSimple class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=9655<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for 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\u00a0no later than January 9, 2023<\/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>\u00a0We 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.\u00a0Many 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>\u00a0Be 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:\u00a0<\/strong>According to the lawsuit, throughout the Class Period and in connection with the IPO effected by means of the Registration Statement, Defendants made materially false or misleading statements and\/or failed to disclose that: (1) TuSimple was engaged in undisclosed related party transactions with Hydron, a company founded by Defendant Mo Chen; (2) TuSimple shared confidential information and\/or proprietary technology with Hydron without Board approval or informing regulators or TuSimple shareholders; (3) TuSimple failed to disclose the Board\u2019s internal investigation, which commenced in July 2022, into TuSimple\u2019s ties to Hydron; (4) the aforementioned conduct enhanced the likelihood of regulatory scrutiny and investigatory action toward the Company; and (5) as a result, the Company\u2019s 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\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=9655<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for 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:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>\u00a0or on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n

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

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th<\/sup>\u00a0Floor
\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

GlobeNewswire Distribution ID 8701150<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) \u2014\u00a0WHY:\u00a0Rosen 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 Registration Statement and Prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with TuSimple\u2019s April 15, 2021 initial public offering (\u201cIPO\u201d); and\/or (ii) [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2584,17,53,343],"tags":[],"yoast_head":"\nROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages TuSimple Holdings, Inc. 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