Group 1 - A class action has been filed against Aehr Test Systems, Inc. for failing to disclose delays in customer orders during the period from January 9, 2024, to March 24, 2024 [1][2] - The complaint alleges that these undisclosed delays were likely to have a material negative impact on the company's revenue growth, overstating its business and financial prospects [2] - Following the announcement of disappointing preliminary fiscal Q3 2024 financial results on March 5, 2024, Aehr's stock fell over 22%, closing at $11.37 per share on March 25, 2024 [2] Group 2 - Shareholders interested in serving as lead plaintiff must submit their application to the court by February 3, 2025 [3] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3] Group 3 - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [4]
Robbins LLP Reminds Investors of AEHR of the Lead Plaintiff Deadline and to Seek Counsel Regarding the Aehr Test Systems, Inc. Class Action