Aehr Test(AEHR) Prnewswire·2025-02-03 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]. Group 1: Allegations and Impact - The complaint alleges that during the class period from January 9, 2024, to March 24, 2024, Aehr Test Systems continued to experience substantial delays in customer orders, contrary to prior representations [1]. - These delays are likely to have a material negative impact on the company's revenue growth, suggesting that the company's business and financial prospects were overstated [1]. - As a result, the company's public statements were materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - Shareholders who purchased shares of Aehr during the specified class period are encouraged to register for the class action, with a deadline set for February 3, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2]. - There is no cost or obligation for shareholders to participate in this case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3]. - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [3].