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2 Firms Seek To Lead Investor Suit Over Auto Parts Co.'s IPO

By Sydney Price (June 7, 2023, 10:23 PM EDT) -- Pomerantz LLP and The Rosen Law Firm PA submitted separate bids to lead a proposed class of shareholders in a suit against autonomous-vehicle sensor maker Hesai Group alleging that the Chinese company misled investors regarding the extent to which its gross margins were declining leading up to its February initial public offering....

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