NEW YORK, May 23, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Hesai Group’s securities HSAI pursuant to and/or traceable to the Company’s initial public offering (the “IPO”) conducted in February 2023, the major June 6, 2023 Deadline for Lead Plaintiff in the securities class action lawsuit initiated by the company.

SO WHAT: If you have purchased Hesai Securities, you may be entitled to compensation without payment of out-of-pocket expenses or costs under a contingency fee arrangement.

WHAT TO DO NEXT: To participate in the Hesai Class Action, go to https://rosenlegal.com/submit-form/?case_id=13347 or call Phillip Kim, Esq. at. toll free at 866-767-3653 or by email pkim@rosenlegal.com or case@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you want to appear as lead plaintiff, you must call the court no later than June 6, 2023. A lead plaintiff is a representative party acting on behalf of other group members in conducting the litigation.

WHY ROSES LAW: We encourage investors to select qualified advisors with a proven track record in leadership positions. Companies that issue communications often lack comparable experience, resources, or significant peer recognition. Many of these firms do not actually conduct securities class actions, but are merely intermediaries who refer clients or work with law firms that actually litigate the cases. Be wise in choosing your advisor. The Rosen law firm represents investors around the world and focuses its practice on securities class actions and shareholder derivatives actions. Law firm Rosen has reached the largest-ever settlement in a securities class action lawsuit against a Chinese company. Rosen Law Firm was ranked #1 in 2017 by ISS Securities Class Action Services for the number of securities class actions resolved. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019…