Aehr Test(AEHR) Prnewswire·2025-01-07 10:45Core Viewpoint - A class action securities lawsuit has been filed against Aehr Test Systems, Inc. for alleged securities fraud affecting investors between January 9, 2024, and March 24, 2024 [1][2] Group 1: Allegations and Impact - The lawsuit claims that Aehr made false statements and concealed significant delays in customer orders, which were contrary to prior representations [2] - These delays are expected to have a material negative impact on the Company's revenue growth, leading to overstated business and financial prospects [2] - As a result, the Company's public statements were deemed materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until February 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]