NEW YORK, NY / ACCESSWIRE / May 17, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Hesai Group (NASDAQ:HSAI)
CONTACT JAKUBOWITZ ABOUT HSAI:
https://claimyourloss.com/securities/hesai-class-action-loss-submission-form/?id=39512&from=1
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.
Lead Plaintiff Deadline : June 6, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose 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.
LivePerson, Inc. (NASDAQ:LPSN)
CONTACT JAKUBOWITZ ABOUT LPSN:
https://claimyourloss.com/securities/liveperson-class-action-loss-submission-form/?id=39512&from=1
Class Period : May 10, 2022 - March 16, 2023
Lead Plaintiff Deadline : June 23, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose 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.
Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
CONTACT JAKUBOWITZ ABOUT SPR:
https://claimyourloss.com/securities/spirit-class-action-loss-submission-form/?id=39512&from=1
Class Period : April 8, 2020 - April 13, 2023
Lead Plaintiff Deadline : July 5, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
SOURCE: Jakubowitz Law