Articles from Gibbs Mura
Shares of Hesai Group fell over 10% in intraday trading on Tuesday, March 18, 2025, after Blue Orca Capital published a report alleging that the company is a “Chinese scam actively lying to investors, the Department of Defense, and a United States federal court” and that it significantly overstated its revenue from 2019-2023. Gibbs Mura is investigating a potential Hesai Group (NASDAQ: HSAI) Securities Class Action Lawsuit on behalf of shareholders who lost money in Hesai Group.
By Gibbs Mura · Via Business Wire · March 18, 2025