Core Viewpoint - The complaint against Aehr Test Systems, Inc. alleges that the company made materially false and misleading statements regarding customer orders and revenue growth, which negatively impacted its business and financial prospects [1]. Group 1: Allegations - The complaint states that Aehr continued to experience substantial delays in customer orders, contrary to prior representations made to investors [1] - It is claimed that these delays are likely to have a material negative impact on the company's revenue growth [1] - The allegations suggest that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [1] Group 2: Shareholder Information - Shareholders who purchased shares of Aehr during the specified class period are encouraged to contact The Gross Law Firm regarding possible lead plaintiff appointment [3] - The deadline for shareholders to seek lead plaintiff status is February 3, 2025, and there is no cost or obligation to participate in the case [2][4] - The Gross Law Firm aims to protect the rights of investors who have suffered losses due to deceit and fraud, seeking recovery for those affected by misleading statements [4]
The Gross Law Firm Reminds Aehr Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 3, 2025 - AEHR