AXTI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that AXT Inc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Core Viewpoint - A class action lawsuit has been filed against AXT Inc and certain officers for alleged violations of federal securities laws during the Class Period from March 24, 2021, to April 3, 2024 [1][2] Summary by Sections Class Definition - The lawsuit aims to recover damages for all individuals and entities that purchased or acquired AXT securities during the specified Class Period [2] Case Details - The complaint alleges that AXT, Inc. made false and misleading statements and failed to disclose critical information, including: - Overstating property holdings [3] - Failing to disclose the unsuccessful attempted listing of a subsidiary in China [3] - Engaging in environmental violations and unsafe business practices [3] - Experiencing a decline in production in 2023 [3] - Resulting in materially false and misleading statements regarding business operations and prospects [3] What's Next? - A class action lawsuit has been initiated, and affected investors can request to be appointed as lead plaintiff by July 5, 2024 [4] - Investors can review the complaint or contact the law firm for more information [4] Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5] - The firm has a history of recovering significant amounts for investors in securities fraud cases [6]