Tuesday, 30 May 2023 01:30 AM
Class Action
NEW YORK, NY / ACCESSWIRE / May 30, 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=40007&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.
Icahn Enterprises L.P. (NASDAQ: IEP)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/icahn-enterprises-class-action-submission-form?prid=40007&wire=1
Lead Plaintiff Deadline: July 10, 2023
Class Period: August 2, 2018 - May 9, 2023
Allegations against IEP include that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) 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.
Virtu Financial, Inc. (NASDAQ: VIRT)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/virtu-class-action-submission-form?prid=40007&wire=1
Lead Plaintiff Deadline: July 18, 2023
Class Period: March 1, 2019 - April 28, 2023
Allegations against VIRT include that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading 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