Aehr Test(AEHR) Prnewswire·2025-01-21 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 - The lawsuit claims that Aehr made false statements and concealed significant delays in customer orders, which were contrary to prior representations [2]. - It is alleged that these delays would materially negatively impact the Company's revenue growth, overstating its business and financial prospects [2]. - The public statements made by the Company were deemed materially false and misleading throughout the relevant period [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until February 3, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].