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 issued by the company [1] Group 1: Legal Actions and Investigations - Investors who purchased Hesai securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, as the Rosen Law Firm prepares to seek recovery of investor losses [2] - Blue Orca Capital published a report claiming that Hesai is a "Nasdaq-listed Chinese scam" and provided evidence of its alleged connections to the Chinese military, leading to a 7.8% drop in Hesai's stock price on March 18, 2025 [3] Group 2: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for the number of securities class action settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has consistently been recognized for its success in this field [4]
HSAI Announcement: Rosen Law Firm Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation - HSAI