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Shareholders that lost money on Aehr Test Systems, Inc.(AEHR) should contact The Gross Law Firm about pending Class Action - AEHR
Aehr TestAehr Test(US:AEHR) Prnewswireยท2024-12-30 10:45

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Aehr Test Systems, Inc. regarding a class action lawsuit due to alleged misleading statements and failures to disclose material information that negatively impacted the company's stock value [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from January 9, 2024, to March 24, 2024, with a deadline for shareholders to register by February 3, 2025 [2][5]. - Shareholders who purchased shares during the class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment, although this is not required for recovery [3][5]. Group 2: Allegations Against the Company - The complaint alleges that Aehr Test Systems issued materially false and misleading statements, including that the company was experiencing substantial delays in customer orders contrary to prior representations [4]. - It is claimed that these delays are likely to have a material negative impact on the company's revenue growth, leading to overstated business and financial prospects [4].