Workflow
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Aehr Test Systems Investors to Secure Counsel Before Important Deadline in Securities Class Action – AEHR
GlobeNewswire·2025-01-24 17:20

Case Overview - A class action lawsuit has been filed against Aehr Test Systems (NASDAQ: AEHR) for alleged false and misleading statements made during the Class Period from January 9, 2024, to March 24, 2024 [1][4] - Investors who purchased Aehr securities during this period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [1] Allegations - Defendants allegedly made false or misleading statements and failed to disclose that Aehr was experiencing substantial delays in customer orders, which would negatively impact revenue growth [4] - Aehr's business and financial prospects were allegedly overstated, leading to materially false and misleading public statements [4] - When the true details entered the market, investors allegedly suffered damages [4] Legal Representation - The Rosen Law Firm is representing investors in this case, with a track record of success in securities class actions and shareholder derivative litigation [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Rosen Law Firm was ranked No 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has been in the top 4 each year since 2013 [3] Next Steps for Investors - Investors can join the class action by visiting the Rosen Law Firm's website or contacting Phillip Kim, Esq [2][5] - The deadline to move the Court to serve as lead plaintiff is February 3, 2025 [2] - Investors may choose their own counsel or remain absent class members, with the ability to share in any potential future recovery not dependent on serving as lead plaintiff [6]