NEW YORK, NY–(Newsfile Corp. – December 22, 2024) – Why: The Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Aehr Test Systems (NASDAQ: AEHR ) from January 9, 2024 through March 24, 2024, both dates inclusive (the “Class Period”) of significant February 3, 2025 lead plaintiff deadline.
So what? If you purchased Aehr securities during the class period, you may be entitled to compensation without payment of any fees or expenses under a contingency fee arrangement.
What should we do next? To join the Aehr class action, go to https://rosenlegal.com/submit-form/?case_id=31986 or call Philip Kim, Esq. 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you want to be the lead plaintiff, you have to move the court No later than February 3, 2025. A lead plaintiff is a representative party acting on behalf of other class members in litigation.
Why the Law of Roses: We encourage investors to choose a qualified consultant to succeed in leadership roles. Often, the firms that issue the notices do not have comparable experience, resources, or any significant peer recognition. Many of these firms do not actually investigate securities class actions, but are merely intermediaries who refer clients or partner with the law firms that actually litigate the cases. Be wise when choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen law firm achieved the largest securities class action against a Chinese company at the time. Law firm Rosen took first place in the ISS Securities category action (WA:) Services for Securities Class Settlements in 2017. The firm has been in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured more than $438 million for investors. In 2020, founding partner Laurence Rosen was named a plaintiffs’ attorney titan by law360. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, during the class period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) contrary to earlier statements to investors, Aehr continued to experience significant delays in customer orders; (2) the foregoing matter is likely to have a material adverse effect on Aehr’s revenue growth; (3) accordingly, Aehr’s business and/or financial prospects were overstated; and (4) as a result, Aehr’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit alleges, investors were harmed.
To join the Aehr class action, go to https://rosenlegal.com/submit-form/?case_id=31986 Or call Philip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.
No classes have been certified. Until the class is certified, you are not represented by an attorney unless you retain one. You can choose the favorite of your choice. You can also remain an absent member of the class and do nothing at this point. An investor’s ability to participate in any potential future recovery is not dependent on being the lead plaintiff.
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