Edelson Lechtzin Launches Investigation into Hesai Group Over Alleged Securities Violations
Investigation into Hesai Group by Edelson Lechtzin LLP
Edelson Lechtzin LLP, a prominent national class action law firm, has announced a comprehensive investigation into Hesai Group (NASDAQ: HSAI) over potential breaches of federal securities laws. The firm is actively urging investors who have suffered significant financial losses to reach out, thus fostering a wave of inquiries regarding this matter.
Allegations Against Hesai Group
On March 18, 2025, the firm was prompted to take action following the release of a report by Blue Orca Capital. The report contained grave accusations, labeling Hesai Group as a “Nasdaq-listed Chinese scam” that allegedly misleads investors and government officials. Blue Orca alleged that the company has attempted to distance itself from its designation as a
Topics Financial Services & Investing）
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