Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hesai Group due to allegations of materially misleading business information [1] Group 1: Allegations and Market Reaction - Blue Orca Capital published a report claiming that Hesai Group is a "Nasdaq-listed Chinese scam" and accused the company of dishonestly denying its ties to the Chinese military, despite evidence showing its LiDar systems are used in military vehicles [3] - Following the report from Blue Orca Capital, Hesai's stock price fell by 7.8% on March 18, 2025 [3] Group 2: Legal Actions and Investor Rights - Investors who purchased Hesai securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, which operates on a contingency fee basis [2] - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]
HSAI Investor News: Rosen Law Firm Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation - HSAI