NEW YORK, NY / ACCESSWIRE / May 23, 2023 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Hesai Group (NASDAQ:HSAI)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/hesai-group-class-action-submission-form?prid=39817&wire=1
Lead Plaintiff Deadline: June 6, 2023
This lawsuit is on behalf of investors who purchased Hesai Group securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Hesai's February 2023 initial public offering.
Allegations against HSAI include that: (1) Hesai Group's gross margin decrease was caused by a lower in-house utilization rate; (2) Hesai Group's gross margin was 30% for the fourth quarter-which was completed over a month before the date of the amended registration statement; and (3); as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
Plug Power Inc. (NASDAQ:PLUG)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/plug-power-inc-class-action-submission-form?prid=39817&wire=1
Lead Plaintiff Deadline: June 12, 2023
Class Period: August 9, 2022 - March 1, 2023
According to the filed complaint, Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendant's statements about the Company's business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis.
LivePerson, Inc. (NASDAQ:LPSN)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/liveperson-class-action-submission-form?prid=39817&wire=1
Lead Plaintiff Deadline: June 23, 2023
Class Period: May 10, 2022 - March 16, 2023
Allegations against LPSN include that: (1) LivePerson failed to address any material weaknesses with internal controls; (2) LivePerson's third quarter financial statements, ended in September 30, 2022 failed to disclose its subsidiary, WildHealth's, suspension of Medicare reimbursement; (3) as a result, LivePerson's fourth quarter 2022 revenue would be affected; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
To learn more contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]
SOURCE: The Law Offices of Vincent Wong