February 19, 2026
Chinese autonomous-vehicle sensor maker Hesai Group must face proposed class action claims that its investors were blindsided by a "massive" decline in gross margins the company reported on the heels of its February 2023 initial public offering.
June 07, 2023
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.
April 10, 2023
Shareholders hit Chinese autonomous-vehicle sensor maker Hesai Group with a class action Friday, alleging the company misled investors regarding the extent to which Hesai's gross margins were declining leading up to its February initial public offering.