Grant & Eisenhofer and Gardy & Notis filed a stockholder derivative action Tuesday in Delaware Court of Chancery on behalf of Jason Nusbaum and nominal defendant TuSimple Holdings Inc., a self-driving freight trucking developer. The suit pursues claims against certain current and former members of the company's board of directors for allegedly failing to prevent the company's former CEO, Xiaodi Hou, from misappropriating trade secrets and other assets for the benefit of competitor, Hydron Inc. Counsel have not yet appeared for the defendants. The case is 2022-1095, Jason Nusbaum v. Xiaodi Hou, et al.
Technology
November 29, 2022, 12:11 PM