Expired
Lead Plaintiff Deadline
Jun 6, 2023
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The filed complaint alleges that Hesai Group made materially false and/or misleading statements and/or failed to disclose that:
(1) Hesai Group’s gross margin decrease was caused by a lower in-house utilization rate; (2) Hesai Group’s gross margin was 30% for the fourth quarter—which was completed over a month before the date of the amended registration statement; and (3); as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.
In order to be eligible to join the HSAI class action lawsuit, you must have incurred a loss on shares of Hesai purchased during the class period listed above.
If you suffered a loss in Hesai during the relevant time frame, you have until June 6, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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