SHAREHOLDER ALERT: HSAI LPSN BYND: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / May 29, 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=40001&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.
LivePerson, Inc. (NASDAQ:LPSN)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/liveperson-class-action-submission-form?prid=40001&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.
Beyond Meat, Inc. (NASDAQ: BYND)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/beyond-meat-class-action-submission-form?prid=40001&wire=1
Lead Plaintiff Deadline: July 10, 2023
Class Period: May 5, 2020 - October 13, 2022
According to the complaint, throughout the Class Period defendants made numerous materially false and misleading statements and omissions concerning the Company's ability to produce plant-based meats at scale. Specifically, defendants repeatedly assured investors that Beyond Meat conducted "extensive testing" to "ensure manufacturability" of its plant-based meat products at commercial scale, and touted the success of the Company's product tests with its large-scale partnerships as "very positive." Further, defendants blamed any delays in launching these large-scale partnerships on Covid-19.
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
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