Aehr Test(AEHR) Prnewswire·2025-01-27 10:45Core 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 undisclosed delays in customer orders that negatively impacted the company's revenue growth [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from January 9, 2024, to March 24, 2024, Aehr Test Systems made materially false and misleading statements [1]. - Specific allegations include: - Aehr continued to experience substantial delays in customer orders contrary to prior representations [1]. - These delays were likely to have a material negative impact on the company's revenue growth [1]. - The company's business and financial prospects were overstated as a result [1]. - Public statements made by the company were materially false and misleading at all relevant times [1]. Next Steps for Shareholders - Shareholders who purchased shares of AEHR during the specified timeframe are encouraged to register for the class action [2]. - The deadline to seek lead plaintiff status is February 3, 2025, and there is no cost or obligation to participate [2]. Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].