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Pacella v. Hesai Group et al

  1. February 19, 2026

    Car Sensor Co. Can't Shed Investors' Post-IPO Margins Suit

    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.

  2. June 07, 2023

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

    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.

  3. April 10, 2023

    Investors Allege Hesai Group Lied About Margins Before IPO

    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.