Articles from Gibbs Mura
Shares of Compass Diversified (“CODI”) fell over 59% in intraday trading on Thursday, May 8, 2025, after the company disclosed that its financial statements for fiscal year 2024 should no longer be relied upon due to an ongoing internal investigation into the company’s subsidiary, which "preliminarily identified irregularities" in the subsidiary’s “financing, accounting, and inventory practices.” The company announced it will also delay its quarterly earnings and filing of its 2025 Q1 Form 10-Q. Gibbs Mura is investigating a potential Compass Diversified (NYSE: CODI) Securities Class Action Lawsuit on behalf of shareholders who lost money in Compass Diversified.
By Gibbs Mura · Via Business Wire · May 8, 2025
Gibbs Mura encourages Hesai Group shareholders to contact our team about recovering their losses through a potential Hesai Group (NASDAQ: HSAI) Securities Class Action Lawsuit. Shares of Hesai Group fell over 10% in intraday trading on Tuesday, March 18, 2025, after Blue Orca Capital published a report alleging that the company is a “Chinese scam actively lying to investors, the Department of Defense, and a United States federal court” and that it significantly overstated its revenue from 2019-2023.
By Gibbs Mura · Via Business Wire · March 28, 2025
Shares of Hesai Group fell over 10% in intraday trading on Tuesday, March 18, 2025, after Blue Orca Capital published a report alleging that the company is a “Chinese scam actively lying to investors, the Department of Defense, and a United States federal court” and that it significantly overstated its revenue from 2019-2023. Gibbs Mura is investigating a potential Hesai Group (NASDAQ: HSAI) Securities Class Action Lawsuit on behalf of shareholders who lost money in Hesai Group.
By Gibbs Mura · Via Business Wire · March 18, 2025